XRP’s closing of the month of March in the red has now marked the end of the first quarter of 2026 as very bearish for the cryptocurrency. While this is concerning for investors in the altcoin, this is not the first time in history that the XRP price has completely closed out the first quarter of the year. In fact, this has happened several times throughout history, and so far the dominant trend seems to be that the cryptocurrency will eventually go green.
XRP’s First Quarter of Chaos
While Ripple has seen many positive developments in the first quarter of the year, the XRP price has not responded positively to one of these. The first three months of the year have now ended with an average of -27% in losses for the cryptocurrency, data from CryptoRank shows.
Not only has the quarter closed in the red, the most recent red monthly close means that the XRP price has now closed in the red for six consecutive months. This is historically important because this has only happened once, and that was in the early days of the altcoin.
In 2014, the XRP price closed the first and second quarters in the red, but the bleeding eventually ended. What followed was a double-digit rally that put the bulls back in control of the cryptocurrency. With this only happened once beforeThere is little data on whether this could be a trend. But if the same move repeats, the XRP price could rise in the month of April.
3-red monthly candles can end in a wave
Unlike the six consecutive red candles, three-month periods of red are not exactly unusual for the cryptocurrency. With such a turbulent history, XRP has seen more red month-ends than green ones, ending the first quarter of the year in the red several times.
The last two times the XRP price ended the first quarter in the red, 2015 and 2018, saw the altcoin subsequently end up in the green. This is with the exception of the year 2014, when the price marked six consecutive red monthly closes.
In 2015, the recovery was moderate, with only 3.31% by the end of April. However, in 2018 the impact was greater and the price increased by 63.1% in the next April. These two moves suggest that it is possible for the price to reverse this month.