XRP is on the verge of potentially breaking its long-standing June losing streak. This month, the cryptocurrency gained 2.14%, marking what could be its first positive June in seven years.
Historical XRP Losses in June
Since 2018, XRP has never closed June in the green. Losses have ranged from -8.15% in 2023 to -32.5% in 2021. This trend raises concerns among investors about the consistent struggles faced by this cryptocurrency during the month of June.
Current Situation and Potential Changes
Currently, XRP shows a modest gain of 2.14%, but this is not a significant breakthrough. June 2025 could still experience volatility that might push it back into the red. XRP often reacts to broader market movements, particularly those related to Bitcoin or regulatory headlines.
Future Prospects
If XRP manages to close June positively, it will not only break its long losing streak but also finish Q2 with a +5.66% gain. This could signal a potential shift in XRP's seasonal weakness pattern.
Closing June with a positive result could mark a significant turning point for XRP, yet uncertainty remains.