XRP Price Completes Q1 In The Red Again, But Prior Performance Says A Surge Is Coming

XRP Price Completes Q1 In The Red Again, But Prior Performance Says A Surge Is Coming

Source: NewsBTC

Published:11:30 UTC

BTC Price:$66922.3

#xrp #crypto #bullish

Analysis

Price Impact

Med

The article suggests that despite six consecutive red monthly closes and a bearish q1, historical data indicates a potential surge in april, similar to past instances in 2015 and 2018. the strength of this potential surge varies based on historical precedent, making the impact medium.

Trustworthiness

Med

Price Direction

Bullish

The article highlights that historically, after similar bearish q1s and consecutive red monthly closes, xrp price has seen a surge in the following month (april). it specifically mentions a 3.31% rise in april 2015 and a significant 63.1% rise in april 2018.

Time Effect

Short

The analysis focuses on the immediate performance in the month of april, which directly follows the bearish first quarter. the historical precedents mentioned also point to a recovery within the subsequent month.

Original Article:

Article Content:

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. 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 . Related Reading 20 Bitcoin Indicators Flash Bullish At The Same Time, And This Could Send Price To $150,000 2 days ago 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. Source: CryptoRank 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. Related Reading Here Are The Main Levels To Watch After Dogecoin Price Completed A Clean Kumo Rejection 2 days ago 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. Price resumes upward trend | Source: XRPUSDT on Tradingview.com Featured image from Dall.E, chart from TradingView.com