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What Will XRP’s Price Be by The End of August 2025?
- XRP recorded more losses than gains in August over the past 12 years.
- The cryptocurrency is currently 3.36% up this August.
- August is typically not a favorable month for XRP.
A review of XRP’s price in August over the past 12 years shows that the cryptocurrency ended the month in profit only four times—2016, 2017, 2020, and 2021. Rest of the years, the token stumbled losses and the worst happened during 2023, while XRP’s price dipped by 26.6%.
XRP’s best August performance was in 2021
Of all the years, XRP recorded the highest August gain in 2021 after rallying 59.9% during that period. The next highest August profit happened in 2017, when the cryptocurrency gained 52.1%. Although XRP has posted losses in August twice the time it ended the month in profit, the current market trend suggests this August could make it the fifth time the cryptocurrency will end the month in profit.
Data from CryptoRank shows that XRP is currently 3.36% up this August while trading for $3.11 at the time of writing. That is a considerable gain from the cryptocurrency’s performance last year, when it ended the month with a cumulative 9.17% loss. Apart from in 2024, X…
The post What Will XRP’s Price Be by The End of August 2025? appeared first on Coin Edition.
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