Four in a Row: Will XRP Buck Its Bearish August Streak?
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The broader crypto market posted gains in July and Ripple’s cross-border token XRP extended an impressive price streak that began in 2020. However, XRP has underperformed in each of the past four Augusts, raising downside risk that another seasonal leg down could offset recent market gains and adoption momentum.
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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?
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