According to analyst Crypto Bull, September is expected to be a quiet month for XRP, with an increase in activity potentially coming in October.
Calmness of September
Analyst Crypto Bull (@CryptoBull2020) predicted in a post on X (formerly Twitter) that September will be a "boring month" for XRP. He noted that limited volatility and no significant breakouts are expected, which is not uncommon in crypto markets.
Hopes for October
October may bring changes in trader sentiments. Analysis shows that XRP is currently stabilizing between $2.70–$3.40. Additionally, growing whale activity and speculation regarding potential institutional products, such as spot ETFs, are fueling optimism. Historically, XRP has shown volatile bursts in the fourth quarter.
Overall Outlook
For now, XRP appears set for a quieter September, trading within established support and resistance levels. However, if Crypto Bull's prediction holds, the coming weeks may lay the groundwork for a significant rise in October.
While September is expected to be calm for XRP, traders will be closely watching October when the next major market shift may occur.
