Ripple’s native token enters October at about $1.50 after closing September with a gain of just under 10%, extending a three-month green streak that began in July and included a 30% surge in August. The advance has been supported by sustained spot ETF demand: XRP ETFs added over $120 million in September, and cumulative net inflows reached a new all-time high of nearly $1.8 billion, according to SoSoValue.
XRP repeatedly tested the $1.60 resistance in September without breaking through, and technical analysts say the $1.55–$1.60 zone remains the key barrier. Price is holding above the 50-day and 200-day moving averages after rebounding from $1.47–$1.48, but some caution that bearish RSI divergence points to consolidation. A sustained break above $1.60–$1.65 could open the way toward $1.70, while losing $1.48 may expose $1.42–$1.45 and eventually lower support around $1.25–$1.32.
October has a mixed history for the token. Only five of the last thirteen Octobers have closed positive for XRP, with the most recent positive October in 2023 at plus 16.5%. XRP lost 16.7% in October 2024 and suffered steep losses during last year’s October 10 liquidation. This year, institutional ETF flows and upcoming XRP Ledger amendments are competing with macro pressure from elevated Treasury yields and crowded long positioning.
On October 1, Ripple’s escrow unlocks released a total of 1 billion XRP, worth roughly $1.5 billion, in four transactions of 400 million, 300 million, 200 million, and 100 million XRP. Onchain data showed the unlocks executed within minutes. Historically, much of this released supply is returned to escrow, so the headline amount is not automatically immediate sell pressure. Validator support above 80% for XRP Ledger amendments is another catalyst to monitor.
