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Pundit: October Could Be the Biggest Month in XRP History. Here’s why

Crypto investor Armando Pantoja, also known as Tall Guy Tycoon, has suggested that October could be the most significant month in XRP’s history.

In a recent video shared on X, he stated that XRP might be approaching a critical moment that few are openly addressing.

Pantoja explained that between October 18 and October 25, the U.S. Securities and Exchange Commission is set to review seven XRP-related filings. He described this review window as potentially decisive, with outcomes that could reshape XRP’s position in the digital asset market.

ETF Approval Probabilities

Pantoja noted that PolyMark has placed the likelihood of approval for an XRP exchange-traded fund at 95%, a figure he described as extremely favorable. He drew a comparison to Bitcoin, pointing out that the leading cryptocurrency rose by 52% in the months following its own ETF approval.

According to his assessment, the implication is that XRP could experience a similar trajectory if granted the same level of regulatory recognition. He emphasized that such an event could introduce a new phase of market momentum for the asset.

Institutional Signals

Another key factor highlighted by Pantoja was the rapid increase in XRP futures activity. He reported that open interest in XRP futures has climbed by 74%, which he interprets as a signal that institutional investors are positioning themselves ahead of a potential major development. He stressed that this level of engagement from larger market participants suggests anticipation of substantial movement in XRP’s valuation.

Retail Participation and Market Potential

In his video, Pantoja recalled XRP’s prior rise from $0.50 to nearly $4. He emphasized that during that surge, trading volumes remained close to historic averages, a sign that retail investors were not heavily involved in the move.

He pointed to this as a positive factor, arguing that the market still has untapped potential if retail participation increases. He stated that his personal target range for XRP lies between $8 and $12 in the current cycle, while adding that an ETF approval could create conditions for surpassing that range.

Pantoja concluded his remarks by questioning whether October would be the month when XRP definitively proves itself in the market. He left viewers with the consideration that regulatory decisions, institutional signals, and market conditions are aligning in a way that makes this period especially critical for XRP.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.


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Solomon Odunayo
Solomon Odunayo
Solomon is a trader, crypto enthusiast, and analyst with over seven years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.
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