XRP’s higher timeframe structure is approaching a rare technical milestone on the monthly chart. The cryptocurrency is still in the midst of an extended pullback off the 2025 high above $3 and now trading around $1.38. As the current price action trajectory lasts until the end of the month, XRP could end February with its fifth consecutive red monthly candle.
Such streaks are unusual for XRP, and always have been come before major turning points. With March approaching, the question is whether XRP is about to extend its losing run or finally break the pattern with a reversal.
Rare five-month slide on the monthly chart
The monthly XRP/USD chart shows a clear series of red candles stretching from late 2025 to early 2026. Each candle has closed below its open, forming a steady downward staircase from above $3.00 to the current range between $1.30 and $1.40.
Interestingly, this is part of a longer series of price corrections since XRP reached an all-time high of $3.65 in July 2025. Since this all-time high, XRP has created only one green monthly candlestick, and that was in September 2025.
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XRP opened February around $1.64. If February closes below this price level, it would mark five consecutive monthly declines. The last time XRP price action saw five consecutive red months was early 2017, a period that ultimately preceded one of XRP’s strongest bull phases. The only other time before that was when it printed six straight red monthly candles in 2014.
That historical context is what makes the current setup remarkable. Long losing streaks on the monthly time frame will eventually disappear lead to a slowdown in selling pressuremainly because XRP is now above a remarkable structural one support zone. At the time of writing, this structural support zone is in the $1.20 region, where the XRP bulls managed to halt further selling pressure in early February.
XRP monthly price chart. Source: @Bird_XRPL On X
Is March more likely to be green?
As February draws to a close, the next expectation is how XRP will perform in March. According to to a crypto analyst known as Bird on X, based on past price action, we are closer to a green month than a new red one. Therefore, there is a good chance that XRP will close March with a green candlestick.
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However, extended red runs do not automatically translate into explosive upward moves. Some market participants speculate about a God candle that could erase the losses of the past five months in one month. However, today’s broader market structure is different from previous cycles. XRP’s market cap is significantly larger than previous bull runs, and rallies would require more capital inflows.
From a probability perspective, XRP’s recovery could be much more stable over time, and not via an instantaneous parabolic wave. That would likely involve reclaiming the intermediate resistance zones, including the $1.60, $2.00 and $2.50 levels, before a rise above $2.80 and $3.00 occurs.
Featured image created with Dall.E, chart from Tradingview.com