XRP Historically Sees Highest Monthly Returns in November at 81.2%
XRP's November has historically shown higher returns compared to other months, suggesting a potential price increase. Despite closing in the red in October, this trend might not affect November's performance significantly.
Key Points on XRP November Performance
- XRP has experienced both gains and losses in November over the past 12 years, with notable triple-digit gains.
- November averages an 81.2% return, surpassing December’s 69.6%.
- In November 2024, XRP saw a 281.7% gain following a 16.7% decline in October.
Potential for Recovery
- Current XRP open interest is low, trending below $5 billion, similar to pre-rally levels in 2024.
- If resistance levels are overcome, XRP may achieve a triple-digit rise, potentially reaching a new all-time high.
