XRP Price Shows August Strength: Will Momentum Hold?

XRP price is showing an unexpected surge this August, marking a potential deviation from its historically lackluster performance during the same month in previous years. As of mid-August 2025, XRP is up 6.2%, sparking speculation about whether this rally could signal a longer-term bullish trend.

The token is currently trading at $3.12, a recovery that caught many traders by surprise given its weak start at $0.6239 earlier in the month and a dip to $0.5663 before reversing. Much of this recent strength coincides with overall bullish activity in the market, including Bitcoin pushing toward an all-time high of $124,400 and Ethereum nearing the $5,000 milestone. These broader movements seem to have reignited interest in altcoins like XRP, which is back in focus among investors and analysts alike.

XRP’s August Patterns: A History of Volatility

Historically, XRP has underperformed in August, finishing the month in the red eight times in the last twelve years. The worst decline occurred in August 2023, where XRP plummeted by a staggering 26.6%. Even in 2024, the token slipped by 9.17%.

Other bearish Augusts include 2022, with a 13.6% decline, continuing a trend of summer pullbacks seen in earlier years like 2019, 2018, 2015, and 2014. On average, XRP returns just 1.25% in August, with the median outcome being negative—this underlines how unusual the current 6.2% gain really is.

That said, not every August has been a loss for XRP. Notable exceptions occurred in 2016, 2017, 2020, and 2021, the latter yielding nearly 60% growth. This year’s tentative ascent could mirror those rare bullish instances, giving XRP holders hope for a strong monthly close.

Can XRP Maintain Support Above $3?

As the market outlook shifts, maintaining current price support will be critical for XRP. Analysts suggest that holding above the $3.00 mark may serve as a cornerstone for further gains or at least prevent retracement. An analyst even proposed that XRP might catch up or overtake Ethereum based on market signals, though this remains speculative given ETH’s strong performance.

September brings further unpredictability. Although the average return in September is a promising 14.7%, the median is slightly negative at -0.32%. XRP has alternated between gains and losses during September, making it difficult for even seasoned traders to forecast direction with confidence. This inconsistency raises the stakes for XRP’s August surge and what it could mean heading into Q4.

Q4: Historically XRP’s Strongest Season

Despite the turbulence in August and September, XRP typically performs well toward the end of the year. In November 2013 and 2014, the asset experienced monstrous gains of 130% and 531%, respectively. More recently, in 2020 and 2024, XRP saw returns of 178% and 281% in November.

December has also been a breakout month, particularly in 2017 when XRP jumped by 819%. Even in less remarkable years like 2014, the token still recorded a double-digit gain of 118%. Such trends suggest that if XRP can hold its ground through early autumn, a stronger close to the year could very well be in play.

July has also been relatively favorable, delivering positive returns seven times in the last twelve years, with an average increase of 10.2%. That performance likely laid the groundwork for this August’s rebound.

As we move forward, XRP investors will be watching key technical milestones closely. Breaking above current resistance and maintaining support could signal a larger breakout on the horizon, particularly if macro trends remain supportive across the broader crypto market.

Related: XRP Price: $12M Max Pain for Bears

While past performance isn’t a definitive predictor of the future, the historical data suggests that late Q4 could offer a brighter path ahead for XRP—provided it can navigate the remainder of August and a volatile September without losing ground.