XRP Price Could Break Four-Year August Curse as Open Interest Resets

$XRP is entering one of its toughest months with a four-year August losing streak hanging over its price. Crypto trader Zach rector still expects the token to fall below $1. But on the flip side, a major on-chain signal now suggests selling pressure is fading.

So, can $XRP finally break its August curse this year?

Will $XRP Finally End Its Four-Year August Losing Streak?

$XRP ended July near $1.06, and traders are now closely watching whether August will finally bring a change. The month has been difficult for $XRP in recent years.

According to CryptoRank, $XRP has finished every August in the red since 2022. The token fell 13.6% in 2022, 26.6% in 2023, 9.17% in 2024, and 8.15% in 2025, marking four straight years of August losses.

However, August is not $XRP’s weakest month when looking at its full price history. On average, $XRP has gained 0.43% during August, which is better than its average returns in June and February.

The real concern for investors is the recent four-year losing streak, which many traders hope will finally come to an end this year.

$XRP Could Fall Below $1

Crypto trader Zach Rector believes $XRP may not be out of danger yet.

He warned that August has often been difficult during U.S. midterm election years. According to his analysis, $XRP recorded August declines of 5% in 2014, 23% in 2018, and 13% during the last bear market. On average, $XRP has fallen about 14% during similar periods.

If history repeats itself, Rector believes $XRP could revisit the $0.88 to $0.90 range before finding a stronger bottom.

Meanwhile, chart analyst ChartNerd noted that $XRP is once again approaching its long term ascending support line that has held since 2020. Previous touches of this level have often been followed by strong rallies rather than deeper breakdowns.

CryptoQuant Data Shows Leverage Has Been Flushed Out

One signal supporting the bullish case comes from CryptoQuant’s multi-exchange open interest data.

The chart shows $XRP’s open interest across major exchanges, including Binance, Bybit, OKX, and Kraken, has dropped back to levels last seen before the late-2024 rally, even though $XRP is still trading around $1.08.

This means speculative leveraged positions have largely been cleared from the market. Unlike the sharp open interest spikes seen during $XRP’s January and July 2025 highs, the current market appears much healthier with fewer overleveraged traders.

$XRP Price Outlook

$XRP’s recent history suggests caution, but current market conditions look different from previous years.

As of now, $XRP is down 1.66% in the last 24 hours and is trading around $1.06 as the overall crypto market remains weak. If $XRP stays above the important $1.00 support level, it could move between $1.05 and $1.10 in the coming days.

However, if the price falls below $1.00, it may drop further toward the $0.90-$0.95 range.