XRP Price Completes Q1 In The Red Again, But Prior Performance Says A Surge Is Coming
Alex Smith
1 month ago
XRP’s close of the month of March in the red has now marked the end of the first quarter of 2026 as very bearish for the cryptocurrency. While this is concerning for investors of the altcoin, this is not the first time in history that the XRP price has closed the first quarter of the year in a complete bleed. In fact, this has happened multiple times throughout history, and so far, the dominating trend seems to be that the cryptocurrency will end up going green.
XRP’s First Quarter Of Chaos
While Ripple has seen a lot of positive developments in the first quarter of the year, the XRP price has not responded positively to any of these. The first three months of the year have now closed with an average of -27% in losses for the cryptocurrency, data from CryptoRank shows.
Not only has the quarter close in the red, the most recent red monthly close makes it six consecutive months where the XRP price has closed in the red now. This is historically significant because this has only happened once, and that was in the early days of the altcoin.
Back in 2014, the XRP price had closed the first and second quarters in the red, but eventually, the bleed did come to an end. What followed was a double-digit rally that put the bulls back in control of the cryptocurrency. With this only happening once before, the data is sparse as to whether this could be a trend. But if the same move repeats, then the month of April could see the XRP price rally.
3-Red Monthly Candles Could End In A Surge
Unlike the six red consecutive candles, though, three-month stretches of red are not exactly out of the ordinary for the cryptocurrency. With such a troubled history, XRP has seen more red monthly closes than green, and has ended the first quarter of the year in the red on several occasions.
The last two times that the XRP price ended Q1 in the red, 2015 and 2018, saw the altcoin move into the green afterward. This is with the exception of the year 2014, where the price went on to mark six consecutive red monthly closes.
In 2015, the recovery was muted, with only a 3.31% by the time the month of April was over. However, in 2018, the impact was more significant, and the price rose by 63.1% in the following month of April. These two moves suggest that it is possible for the price to reverse this month.
Related Articles
Ethereum Pullback Deepens, But Key Structure Still Signals Bullish Hope
Ethereum’s recent pullback has added pressure to the market, but the broader tec...
Pundit Predicts What Will Happen To XRP When Exchanges Run Out Of Supply
XRP’s supply mechanism is one of the most controversial talking points in the cr...
Hyperliquid ETFs Send HYPE Closer To All-Time Highs—Here’s What The Data Shows
Market analyst Aletheia released a report on Wednesday, taking a close look at t...
Why The XRP Price Can Touch $589 As It Takes On $73 Trillion Industry
The idea of XRP trading at $589 may sound unrealistic at first, but the rational...