Quick overview

---

XRP is in danger of recording seven consecutive monthly losing candles for the first time since the 2013–2014 cycle.

XRP has been one of the biggest losers in the multi-month decline in the overall cryptocurrency market, down 63.6% from its peak in July 2025. Unless April reverses the trend, XRP is now expected to experience a seventh consecutive monthly loss due to the selling pressure

The current market turbulence began in October 2025 following the 10/10 market crash, with record liquidations. While Bitcoin (BTC) and the entire cryptocurrency market were negatively impacted, XRP experienced some of the biggest losses. Since October 2025,

XRP has continuously seen lower highs and lower lows, continuing this trend to this day. In March 2026, Bitcoin and a few other tokens recorded their first monthly gain of the year, ending the market’s five-month losing streak.

One of the unfortunate tokens that continued the negative trend was XRP, which saw drops in March and posted six straight monthly losses. It’s interesting to note that even the 2022 implosions of Terra and FTX caused three consecutive monthly losses each, meaning  XRP had not experienced such a long losing streak in more than ten years.

Although XRP had a positive start to April, the positive momentum soon subsided on the first day of the month.

According to recent data from Santiment, the average XRP wallet that has been active over the previous year has seen a roughly 41% decrease in its holdings

The MVRV (Market Value to Realized Value) ratio is now at its lowest point since the FTX collapse.

According to the MVRV metric, which indicates whether traders are making money or losing money, XRP investors are currently in extremely bad shape. Santiment’s analysis indicates that this represents real realized losses among market participants rather than just a price decline.

Such extremely negative returns have historically indicated what traders refer to as a “blood in the streets” phase, when selling pressure starts to wane. Because many weaker hands have already sold their positions, Glassnode observed that this environment tends to lower downside risk in zero-sum markets like cryptocurrency.