Coinpaper
March 4, 2026 12:22 PM UTC

Is XRP Out of the Frying Pan into the Fire After Witnessing Longest Monthly Losing Streak in a Decade?

XRP Slumps for Six Straight Months XRP is facing a decline not seen in over a decade after recording six straight months of losses, its longest streak since 2014. Since October 2025, XRP has lost more than 55% of its value , dropping roughly 10% per month on average, according to CryptoRank. As of now, it’s hovering around $1.32 per CoinCodex data, struggling to find footing while the broader crypto market sends mixed signals. What's behind XRP’s pressure? Well, it could be a mix of market uncertainty, investors cashing out after recent gains, or attention shifting to rival blockchains. Add in the impact of liquidity swings and whale moves, making the picture even clearer. Moving forward, the big question remains whether a pause in this losing streak will be the spark XRP needs to reignite momentum or will continued declines deepen bearish sentiment as the 50-month EMA takes center stage? All Hope is Not Lost for XRP XRP could be on the brink of a major move. After weeks of unpredictable price swings, market analyst GainMuse points to a breakout from a local wedge pattern, a signal that illustrates potential directional shifts. Before bouncing higher, XRP slipped below a crucial macro floor, what GainMuse calls a “liquidity grab.” Think of it as a market shakeout, where weak hands are nudged out and stop losses triggered. Notice how quickly XRP surged back above this level? That rebound signals strong buying interest, turning the once-threatened floor into a confirmed support zone. As a result, all eyes should be on $1.38, a key resistance that has blocked upward moves before. If XRP can push cleanly through this zone, GainMuse believes this is a gateway to “primary liquidity”, where clusters of orders can fuel a faster rally. It is also important to note that XRP recently just confirmed a bull flag on the 3-month chart, lighting up its first green candle in months, which is also a welcome move. Conclusion XRP’s six-month losing streak shows that the altcoin is not out of the woods yet because since October 2025 it has lost over half its value. Nevertheless, there is still light at the end of the tunnel because XRP’s breakout from a local wedge and a rebound above key support hint at a potential shift in momentum with all eyes on the $1.38 resistance.