XRP Stalls at $1.50 as Traders Weigh Four Consecutive Green Months

XRP has entered October at $1.50 and is on track for four consecutive green months, but traders are unsure if September's advance will extend the token's run.

The setup is constructive, but the $1.55-$1.60 resistance band has yet to give way. In September, XRP gained just under 10% in price, following a 30% increase in August. Spot XRP ETFs recorded more than $120 million in September inflows, lifting cumulative net inflows to nearly $1.8 billion.

XRP held above $1.50 after recovering from around $1.47-$1.48. October's bullish reputation offers little protection by itself, as XRP fell 16.7% in October 2024 and suffered another sharp decline during last year's October 10 market liquidation.