XRP May Stun Market Bears If History Favors Its Rebound

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Will XRP align with history to beat August's dump-off?

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While it has not recorded such a massive leap in recent times, in 2016, 2018 and 2022, the price of XRP rallied 46.9%, 73.2% and 46.2%, respectively.The actual price history of XRP also involves some intense sell-offs. For instance, a more than 20% slump was recorded in 2017 and 2021. However, when collated, the coin had an average positive growth rate of 13.7% in September.It is not debatable that XRP's growth is tied to the blockchain payments firm Ripple Labs Inc.

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