$XRP Can it maintain the gains in September in the fourth quarter of 2024?
The market is quite optimistic about XRP now, but the data shows that there are fewer buyers and sellers. This makes it a little uncertain how XRP will go next, after all, there seems to be some short-term uncertainty in the market.
Everyone thinks that XRP can break through the triangle pattern in the long run. Most mainstream cryptocurrencies, including XRP, rose at the end of September. So can XRP continue to rise in October after the September rise?
Let's take a look at XRP's performance in the past month and talk about whether it can play a role in the rest of the year.
In the first week of September, XRP was still falling, but it turned around in the second week. In the next three weeks, it rose sharply, from $0.502 to $0.664, a month-on-month increase of 31%. From the beginning of the month to the end of the month, XRP rose by 7.6% overall.
This month's performance has brought XRP back to the resistance zone it has tried before. In July and August, XRP also hit $0.62, but then fell back. It tried again in September, but still failed to break through.
Now XRP has encountered resistance again at the end of the month, and the capital flow indicator also shows that liquidity may be outflowing. However, it has risen by 3% in the last 24 hours, which means that XRP holders may still believe that it can continue to rise in October.
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