🚨 XRP: 3 Bullish Signals Heading Into October
XRP is showing some interesting on-chain and market signals despite the recent pullback 👀
Long-term holders: 365-day MVRV is around -11.75%, meaning many holders remain underwater.
Futures activity: XRP futures open interest on Binance has climbed toward $600M, back near January levels, with positive funding suggesting renewed buyer participation.
ETF demand: XRP spot ETFs have recorded 11 consecutive weeks of net inflows, with cumulative inflows reaching about $1.75B.
But there are reasons to stay cautious:
• Coinbase premium over Binance remains very low
• XRP has historically struggled in October — closing lower in 8 of 13 years
Bullish signals are building, but October could test their strength.
$XRP
📈$NOM
$LSK
XRP is showing some interesting on-chain and market signals despite the recent pullback 👀
Long-term holders: 365-day MVRV is around -11.75%, meaning many holders remain underwater.
Futures activity: XRP futures open interest on Binance has climbed toward $600M, back near January levels, with positive funding suggesting renewed buyer participation.
ETF demand: XRP spot ETFs have recorded 11 consecutive weeks of net inflows, with cumulative inflows reaching about $1.75B.
But there are reasons to stay cautious:
• Coinbase premium over Binance remains very low
• XRP has historically struggled in October — closing lower in 8 of 13 years
Bullish signals are building, but October could test their strength.
$XRP
📈$NOM
$LSK
