XRP recorded a historic performance in the third quarter, with positive monthly closes in July, August, and September. According to CryptoRank data, the asset saw gains of 2% in July, 30% in August, and 7.95% in September, resulting in a total quarterly increase exceeding 43%.

Market activity was driven by institutional demand via U.S. spot XRP ETFs, a short squeeze in September, and reduced exchange balances. Holdings on exchanges decreased from approximately 12.9 billion to 11 billion XRP since April. Currently, the asset trades near $1.50 with a market capitalization of about $95 billion.

Historical data for the fourth quarter presents mixed signals. October is statistically the weakest month for XRP, averaging a return of -4.71%. Conversely, the broader fourth quarter averages a 13.3% gain, supported by performance in November and December. Analysts are monitoring the Swell conference, ETF inflows, and Federal Reserve policy.

Technical indicators show a breakout from a descending trendline that had constrained the price since July 2025. A weekly close above $1.70 is viewed as a potential catalyst for further growth. Conversely, failure to maintain current levels may lead to a pullback toward a support zone between $1.30 and $1.40.