Can the token continue to gradually rise in May?
After six straight months of posting losses, almost all of which were in double digits, cross-border token Ripple finally managed to snap that streak in April, charting a slight increase.
All eyes are now on May, which has historically been one of the best months for gains for XRP.
The six-month streak is broken
XRP had an eventful and positive end to 2024 when it rose by a staggering 281% in November alone after Donald Trump won the US presidential election. It fostered hope for major organizational change In the country. The asset continued to rise and reached an all-time high of $3.40 in January, but was unable to break it on its first attempt.
After a six-month hiatus due to some questionable global policies by current US President Trump, XRP finally did the unthinkable in July when it was launched. Exploited $3.65 for the first time ever. Since then, though, it’s been mostly downhill. It all started with a 12% monthly decline in October, followed by a 13.8% decline in November, and then another 14.8% decline in December.
The new year started with a 10.6% decline in January, according to data from CryptoRank, and an even more painful 16.2% decline in February. March saw a more modest decline of 2.8% before the bulls finally stepped in in April and ended this painful six-month streak. In fact, this was the worst period of its kind for XRP since late 2013/early to mid-2014 when it was seven straight months in the red.
However, this was shortly after the token was launched, and the overall cryptocurrency market was very different (smaller, less legitimate, and more volatile). As such, it is safe to conclude that the 2025/2026 six-month losing period was the worst in recent XRP history.
What’s in it for May?
The chart above shows that XRP performed historically well in April, with an average increase of 16.5%, although this was nowhere near these numbers. However, May was kinder to the cross-border token with an average gain of 23% (followed by 23.2% in June). This makes it the fourth best month for XRP, behind only June, December, and November.
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The same applies to BTC and ETH, as the market leaders I finish April is in the green and made historic gains in May. However, the big dark horse is still the war in Iran, and every major move there causes increased volatility in the cryptocurrency market. Until a decisive solution is found there, the cryptocurrency market is unlikely to see a deeper recovery from its recent lows.
