🚨 $XRP MAY FACE A SLOW OCTOBER
XRP finished Q3 with a strong 48.1% gain, its best third quarter in four years. However, the rally also left the market overheated and heavily leveraged after a major short squeeze.
Historically, October has been XRP’s weakest month, averaging a 5.14% decline. A pullback toward the $1.30–$1.40 support area could help reset leverage before another move higher.
The wider Q4 outlook remains promising, but XRP may need consolidation first.
October could test patience before November and December bring the bigger opportunity.
#XRP #XRPEFT
XRP finished Q3 with a strong 48.1% gain, its best third quarter in four years. However, the rally also left the market overheated and heavily leveraged after a major short squeeze.
Historically, October has been XRP’s weakest month, averaging a 5.14% decline. A pullback toward the $1.30–$1.40 support area could help reset leverage before another move higher.
The wider Q4 outlook remains promising, but XRP may need consolidation first.
October could test patience before November and December bring the bigger opportunity.
#XRP #XRPEFT
