XRP Set to Skyrocket in September: Historical Monthly Returns Signal Massive Rally

XRP's historical performance patterns suggest September could deliver explosive gains—just as traditional markets face another volatility storm.

Patterns Don't Lie

Average monthly returns data paints a compelling picture for XRP's September trajectory. While traditional finance scrambles to explain the momentum, crypto natives recognize these cyclical patterns all too well.

Timing the Rally

Historical data indicates September has consistently been a standout month for XRP's performance. The numbers speak louder than Wall Street analysts' cautious disclaimers—another reminder that while traditional finance overcomplicates, blockchain simply executes.

Market Momentum Builds

With institutional adoption accelerating and regulatory clarity improving, XRP's infrastructure advantages position it for potential breakout performance. The asset continues demonstrating its utility where traditional settlement systems stall—proving once again that sometimes the best financial innovation happens outside banking hours.

Average Monthly Returns Point To Notable Gains For The XRP Price

Cryptorank data shows that the XRP price has historically recorded an average monthly return of 13.8% in September. This suggests that the altcoin could again record positive returns this time around, especially as it looks to reclaim the psychological $3 level. Meanwhile, it is worth mentioning that the altcoin has closed the last three Septembers in the green.

In September 2022, the XRP price recorded a gain of 46.2%, its largest over the past 4 years. It also saw an increase of almost 8% in September 2023. The altcoin has so far recorded a gain of nearly 3% this month and looks on course to replicate its historical positive performance in September. 

Notably, there are bullish fundamentals that could spark a run for the XRP price. This includes the projected 25 basis points (bps) rate cut that the Fed is expected to make at the September 17 FOMC meeting. There is currently a 99.7% chance that the Fed will make this cut, according to CME FedWatch data. 

A Fed rate cut is bullish for altcoins, including XRP, as it could lead to increased risk-on sentiment among investors and cause more liquidity to FLOW into these assets. Meanwhile, the XRP ETFs are expected to receive the SEC’s nod in October, and given the market’s forward-looking nature, the XRP price could rally in anticipation of this occurrence next month. The ETFs are expected to attract new capital into the altcoin’s ecosystem. 

XRP Eyes Rally To $3.40

In an X post, crypto analyst Egrag Crypto predicted that the XRP price could rally to around $3.40. He noted that with the altcoin currently trading at around $2.877, all eyes are on how it will perform around this level. If XRP closes above $3.077, the analyst stated that it could increase the chance of breaching the $3.40 mark. 

Interestingly, the analyst suggested that the XRP price could rally by over 200% and reach $6.12 if it successfully breaches the $3.40 mark. His accompanying chart showed that XRP could claim this $6 range this month. Meanwhile, in another X post, Egrag Crypto said that the range of $3.077 to $3.13 is a key area, as a strong close above it with high volume could pave the way for the next move. 

At the time of writing, the XRP price is trading at around $2.85, up in the last 24 hours, according to data from CoinMarketCap.