XRP closing the month of March in the red now marks the end of the first quarter of 2026 as the most bearish for the cryptocurrency. Although this concerns altcoin investors, this is not the first time in history that the price of XRP has closed the first quarter of the year with full blood. In fact, this has happened several times throughout history, and until now, the ruling trend seems to be that cryptocurrency will be able to go green.
XRP’s First Phase of Chaos
When Ripple has seen many positive developments in the first quarter of the year, The price of XRP did not respond well for each of these. The first three months of the year have now closed with an average -27% loss in cryptocurrency, data from CryptoRank demonstrations.
Not only is the quarter close to the red, the recent red closing of the month makes it six consecutive months when the price of XRP has closed in the red now. This is historically significant because this has only happened once, and it was in the early days of altcoins.
Back in 2014, the price of XRP had closed the first and second quarters in the red, but in the end, the bleeding stopped. What followed was a double-digit rally that put the bulls back in cryptocurrency. This is it it only happens onceThe data is limited if this can be a condition. But if the same move repeats, then the month of April can see the price of XRP.
3-Red candles per month can be removed with surgery
Unlike six consecutive red candles, however, three-month red streaks aren’t exactly unusual for cryptocurrency. It is such a troubled history. XRP has seen closes in the red every month than green, and has spent the first quarter of the year in the red several times.
The last two times that the price of XRP ended Q1 in the red, 2015 and 2018, saw the altcoin go into the green afterwards. This is with the exception of 2014, when the price went on to close six consecutive monthly reds.
In 2015, the recovery was abandoned, with only 3.31% by April. However, in 2018, the results were significant, and the price increased by 63.1% the following month of April. These two trends show that this is the case possible for the price to return this month.
