XRP and August Performance: Will 2025 Be an Outlier Year?

robot
Abstract generation in progress

In the past 12 years, historical data shows that August is usually not XRP's "lucky month." Since its inception, this cryptocurrency has only ended August in the green 4 times: 2016, 2017, 2020, and 2021. In contrast, in most of the other years, XRP recorded bearish levels, with some years experiencing significant drops. The year 2023 is considered a major "shock" as XRP fell by 26.6% just in August. The Best Augusts in XRP History 2021: Record growth of +59.9% – this is the most "brilliant" August for XRP. 2017: Ranked second with an increase of +52.1%. The other two years ( 2016 and 2020) also recorded profits but did not surpass the two peaks above.

Although the number of increases is less than half compared to the number of decreases, current market data shows that August 2025 could become the 5th time XRP ends the month in the green. Current Performance in August 2025 According to data from CryptoRank, as of the time of writing, XRP is trading at $3.11, up 3.36% from the beginning of the month. This figure shows a significant improvement compared to August 2024, when this coin fell 9.17%. The years in which XRP ended August in the red include: 2013, 2014, 2015, 2018, 2019, 2022, and 2024. The Worst Augusts 2018: The largest fall in history for the month of August at -23%. Average Performance of August Average: +1.25% (light profit)Median: -5.72% (bearish) Thus, based on statistics, August usually has a negative trend for XRP. If this coin only reaches its historical average increase, the price will stop at about 3.0577 USD by the end of the month. Conclusion Although historical data shows that August is not a "harvest season" for XRP, the current market trend brings hope that 2025 could break this negative trend. If the upward momentum is maintained, XRP will record its 5th August in history ending with a profit – a positive signal for investors ahead of the year-end period.

XRP-0.22%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)