XRP Eyes Rare Third Straight Green Monthly Close With September Up 8.67%

Third Straight Green Monthly Close in Sight

XRP is on track to post its third consecutive monthly close in the green, a streak that has historically been rare for the altcoin and often precedes sustained bullish phases. After dropping 22.1% in June, the token recovered with a 2.11% gain in July, then surged roughly 30% in August; September is so far up 8.67%, with the asset trading around $1.5060. Behind the move sits a concrete regulatory step: an updated 424B3 prospectus for a spot XRP ETF was filed with the SEC on September 28, naming Coinbase Custody as the fund's custodian and setting the investor fee at 0.34%. It is not the regulator's final decision, but the filing shows issuance infrastructure is in place. Our reading of the weekly chart shows long-term consolidation with the rally defended at a major moving average, and US XRP ETFs accumulating tokens points the same direction.

XRPL Bridge Liquidity Debate

A parallel thread concerns XRP's structural role inside the XRP Ledger itself. Market observers argue that Ripple and its affiliates already process transaction volumes measured in the trillions of dollars, and that payment flows, consensus steps and tokenized-asset settlement could pull additional liquidity onto XRPL over time. A former Ripple CTO has explained that the ledger's consensus mechanism and pathfinding system check XRP liquidity first, and that auto-bridging — where a trade routes through an intermediate asset when no direct pair exists — likewise defaults to XRP rather than other liquidity types. That is why the token retains its privileged bridge protocol role even as stablecoins grow: the former CTO argues stablecoin expansion adds use cases on XRPL instead of displacing XRP, a dynamic visible as Ripple's RLUSD hit a record $2.49 billion while ledger daily payments topped 1.14 million.

Analyst Maps 60% Short-Term Upside

On the technical side, analyst Celal Kucuker sees a setup that mirrors XRP's previous leg higher and projects roughly 60% short-term upside if current structure holds. His chart is anchored to the earlier move from about $0.99 to $1.55 — a 56.83% advance — and assumes a repeat of that magnitude would carry the price back toward $2.40. After that rally, XRP compressed within descending trendlines, dipped into the $1.25–$1.35 range, and has since recovered to the $1.50–$1.55 band, which overlaps where the prior advance ended. Kucuker marks three reference zones: $2.1825 (about 41% above $1.55), $2.40 (about 55%), and $2.5685 (about 66%). He stresses these are watch areas, not guaranteed targets, and reader reactions to the call split between skepticism and optimism.

Golden Cross Meets Fading Momentum

The daily chart now carries a signal traders watch closely: a golden cross, formed when the 50-day moving average crosses above the 200-day, which occurred near $1.37. The longer-term backdrop improved through September — after sliding from above $1.50 to roughly $1.00 between May and mid-August, an August volume-backed rally pushed price above its key moving averages, and a retest of $1.28–$1.30 led to a local peak near $1.66. Short-term structure is weaker, however: each recent candlestick formation printed lower highs at $1.66, $1.63 and $1.58, recovery attempts came on lighter volume than August's advance, and the RSI cooled from overbought to about 58. Nearby support sits at $1.44, then the $1.37 confluence; closes below it could mute the cross, while reclaiming $1.60 and then $1.66–$1.70 would restore upside momentum.

ETF Filing Anchors the Setup

The quarterly picture is now confirmed: July, August and September all closed positive for the first time in XRP's history, a pattern prior years never produced even when the third quarter as a whole finished green. CryptoRank data puts the combined quarterly gain above 43%, with September's monthly reading now logged at 7.95%. Exchange balances dropped from roughly 12.9 billion to 11 billion XRP since April, and the weekly chart broke a descending trendline that had capped price since July 2025. The next hurdle is seasonal: October averages a -4.71% return with red closes in 2024 and 2025, though Q4 overall averages 13.3%. A sustained weekly close above $1.70 would strengthen the case for November and December, while trader Ali Charts watches for an hourly close above $1.54 to confirm a symmetrical triangle breakout.

(as of 03:00 UTC) COINOTAG's read: XRP sits at $1.5023, up 0.58% in 24 hours, with a market cap of $94,790,887,069 and $1,496,201,499 in 24h volume, and the 42-indicator composite keeps the structure constructive with an RSI of 57.09 and an uptrend intact despite a bearish MACD signal. The heaviest support is $1.3699 at 89/100, built from the Keltner Lower, VWAP, a Flip R→S and Ichimoku Senkou A, followed by $1.4667 at 84/100 (Fibo 0.382, LVN, ATR Lower, S3) and $1.2800 at 58/100 (SMA 100, Donchian Lower, Fibo 0.618, HVN). Overhead is thinner: $1.5408 scores 74/100 from Fibo 0.214, R3, Ichimoku Tenkan and HVN, while $1.6185 at 58/100 (Fibo 0.114, Keltner Upper, BB Upper, Donchian Upper) and $1.6999 at 57/100 (Fibo 0.000) are only moderate. Derivatives lean long, with funding at 0.0056%, open interest of $1,094,189,168 and a 2.83 long/short account ratio (73.9% long), while the Fear & Greed Index at 72/100 reads Greed. The decisive question is whether price holds the $1.4667 and $1.3699 supports long enough to attack the $1.5408 resistance cluster.