Four in a Row: Will XRP Buck Its Bearish August Streak?
The broader crypto market posted some much-needed gains in July, and Ripple’s cross-border token extended a very impressive streak that began in 2020.
However, the new month is already here, and the past four Augusts weren’t very bullish for the asset. Can XRP defy its painful August performance, or is another leg down looming?
7 in a Row
Before we get to the four-in-a-row streak for August, let’s examine XRP’s most bullish one. Data from CryptoRank shows that the cross-border token has just equaled its best performance in terms of monthly gains. With the July 2026 edition coming with a minor 3% increase, this meant that eight Julys since 2014 (the first one after the asset saw the light of day) have been in the green out of 13. The only other month that has seen similar increases is April.
What’s even more favorable for the relationship between the altcoin and July, though, is its consecutive streak. As the subheading of this paragraph suggests, XRP managed to close its seventh July in a row with gains. This trend extends to July 2020, when the token skyrocketed by over 48%.
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