XRP Defies Pre-September Fears: Analyst Shows Why History Favors 12.19% Move Up

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Since 2018, XRP has closed September in the green five times out of eight, posting an average return of +12.19%. This historical anomaly contrasts with the typical bearish trend of the crypto market in this month, as Bitcoin usually enters correction ahead of September. Technical analyst Xaif Crypto also highlights a rare synchronization: XRP, XLM, and Bitcoin simultaneously formed identical bullish setups in late August. On the fundamental side, record weekly inflows of $110.49 million into spot XRP ETFs, In addition Goldman Sachs holding $86 million in XRP ETF positions, underline growing institutional interest in the asset.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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