CandleFocus What to Expect from Ripple (XRP) in October 2024
2024-09-29
Author: Content Editor
Ripple's XRP price has increased by 10% in September and is currently valued at $0.62. The launch of Grayscale's XRP Trust has positively impacted the price, with some investors seeing it as a step towards an XRP ETF. The surge in open interest suggests increased speculative activity around the token. Crypto whales are buying XRP again, potentially indicating a price increase in the near future. From a technical perspective, XRP has strong support and may push higher to reach $0.69 or even $0.72 by the end of October. However, increased volatility and the success of Ripple's stablecoin launch and integration with DeFi will also play a role in XRP's performance.
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