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XRP’s close of March in the red has marked the end of the first quarter of 2026 as “very bearish” for the cryptocurrency. The quarter’s performance is concerning for investors, though it is not the first time XRP has finished the first quarter of a year with a complete bleed. Historically, XRP has closed Q1 in the red multiple times, and the prevailing pattern discussed in the available data is that the cryptocurrency has later moved into green.
Despite positive developments for Ripple during the first quarter, XRP’s price did not respond positively. The first three months of the year closed with an average loss of -27%, according to data cited from CryptoRank.
The article notes that while XRP has posted six red consecutive monthly candles, three-month stretches of red are not unusual for the asset. XRP has historically had more red monthly closes than green, and it has ended the first quarter in the red on several occasions.
In past instances where XRP ended Q1 in the red, the period was followed by a double-digit rally that returned control to the bulls. The article says this has only happened once before, so the dataset is limited in determining whether it represents a repeatable trend. Still, if a similar move occurs again, April could see XRP rally.
The article highlights several historical cases:
Beyond the quarter close, the most recent red monthly close extends XRP’s streak to six consecutive months of closing in the red. The article states this has historically happened only once, in the early days of the altcoin.
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