Ripple's XRP is entering August 2026 at a critical juncture, poised to potentially end its four-year losing streak in the month. The token closed July at $1.06 with a modest gain of approximately 1.91% (or 3% according to some sources), contributing to an impressive run of seven consecutive Julys in the green since 2020. However, the upcoming month has historically been a headwind: August has closed in the red for four straight years, with losses of 13.6% in 2022, 26.6% in 2023, 9.17% in 2024, and 8.15% in 2025.
Despite this bearish seasonal pattern, broader quarterly data offers hope. The third quarter is historically XRP's strongest recovery period, averaging a +17% return and a median of +25.8%. After a disastrous first half of 2026 — with Q1 down 27.1% and Q2 down 22.4% — Q3 has already turned positive at +2.10%, largely due to July's gain. This shift aligns with a technical setup: XRP has been trading inside a descending wedge for over a year, with the upper boundary around $1.20–$1.25 serving as the key resistance. A breakout above this level could fuel a sustained rally.
Presently, price is compressed near the lower support zone of $1.05–$1.06. August's performance will be pivotal: it must simply close above its opening price to snap the losing streak. The combination of strong Q3 historical performance, a nearby support floor, and the July green close gives XRP its best shot in five years at reversing the downtrend.
