XRP Flouts September Market Downturn as Analyst Cites Bullish Historical Patterns
XRP is defying the traditional September crypto market downturn, according to technical analyst Xaif Crypto. Since 2018, the asset has closed the first month of autumn in the green five times versus just three negative closes, maintaining an average return of +12.19%.
This historical data stands in stark contrast to Bitcoin's behavior, as the cryptocurrency usually enters a correction ahead of September. XRP's current resilience is reinforced by rare market synchronization: in the final hours of August, XRP, XLM and Bitcoin simultaneously formed identical weekly setups.
All three assets successfully bounced from their local lows and are now testing key reclaim levels. For XRP, the critical support level is $1.35, while Bitcoin has secured its position at $77,600.