XRP has struggled with declining prices in each of the past four Augusts, a trend that spans 2018-2021 and 2022. This slump marks a consistent downturn for the cryptocurrency every year in the month. The pattern raises concerns about the asset's performance during the same period this year.
Source
"XRP Seeks to Break August Drought" — CryptoPotato
This article is Bitcoincryptos' summary and analysis of reporting originally published by CryptoPotato. Read the full original report at the link above.
Ripple, however, has been on an upward trajectory since mid-June, with its price increasing by over 40% from a low of $0.32 to its current value around $0.45.
XRP · 7D · $1.08−2.1%
