XRP prices have surged recently, rising by approximately 9% on September 21 to reach $1.54.
The increase is attributed in part to strong spot ETF entries that have bolstered short-term recovery for XRP.
While October forecasts are being revisited, XRP's historical October performance has been mixed.
Analysts are closely watching the $1.50 area, which they consider critical for a fourth-quarter outlook.
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