Ripple’s XRP token is going through some resistance on the $3 worth stage. In line with CoinGecko’s XRP knowledge, the asset is down by 1.1% within the final 24 hours. Regardless of the dip within the each day charts, XRP is buying and selling within the inexperienced zone within the different time frames. The favored crypto has rallied 3.6% within the weekly charts, 6.3% within the 14-day charts, and 6.3% over the earlier month. Let’s talk about if XRP can comply with Bitcoin (BTC) and BNB’s trajectory to a brand new all-time excessive in October 2025.
Will XRP Comply with Bitcoin And BNB To A New All-Time Excessive?
XRP has had fairly a bullish yr in 2025. The asset breached the $3 mark earlier this yr, in January, after practically seven years. XRP additionally climbed to an all-time excessive of $3.65 on July 18. The third-largest crypto by market cap is at the moment down by 18% from its July peak. Whereas XRP is going through some resistance on the $3 mark, there’s a probability that the asset will climb to a brand new peak this month.
Bitcoin (BTC) and Binance’s BNB coin have climbed to new peaks over the previous few days. BTC’s rally usually results in different property following swimsuit. XRP might also comply with BTC’s trajectory if market circumstances stay bullish. Furthermore, there’s a excessive probability that we are going to get one other spherical of rate of interest cuts from the Federal Reserve after its October assembly. One other fee reduce may set off a market-wide rally. Such a situation may result in XRP hitting a brand new all-time excessive.
The SEC can also be as a consequence of announce its choice on a number of XRP ETF functions later this month. An ETF approval may result in a surge in institutional inflows for XRP. Institutional cash has been a key driver for Bitcoin’s (BTC) worth surge during the last yr. The same sample may emerge for XRP as properly.
