XRP Is Flashing 3 Bullish Signals Heading Into a Historically Weak October

XRP (XRP) is still flashing 3 bullish signals across its holders, derivatives, and ETF data. These signals come as the token gave back part of its September gains on Thursday.

The token traded near $1.50 at press time, down about 6.3% over 24 hours, according to BeInCrypto Markets data. The pullback still leaves XRP up over 15.6% on the week, a gain that tracks a broader market rally. XRP (XRP) Price Performance.

Source: BeInCrypto Markets Follow us on X to get the latest news as it happens Year-Long XRP Holders Are Still Underwater The first signal comes from wallets that have held XRP over the past year.

The altcoin’s 365-day market value to realized value (MVRV) ratio sits near -11.75%, according to data from Santiment. A negative reading means the average wallet active over that period sits at a loss.