XRP Nears Fifth Straight Losing Month as Historical 2016 Surge Recalled

XRP is heading into a fifth consecutive losing month, a streak that market commentators have highlighted because the last time XRP recorded five straight down months—in 2016—it went on to surge about 60,000% within the following year ^[1].

Some traders and analysts are forecasting a potential reversal: one trader described the start of a ‘‘Phase 4’’ wave with targets as high as $21.50 based on Fibonacci extensions, while other commentary has suggested setups that could produce a 20% bounce in March amid signs of easing whale distribution ^[2][5][4].

Separately, commentators have argued that a move above $10 this year would mark an unusually strong performance relative to traditional funds, a point being raised in discussions about XRP’s upside potential ^[6].

Observers point to historical precedent and current technical forecasts, but these reports frame potential outcomes rather than make definitive predictions; market participants continue to watch price action and on-chain indicators for confirmation ^[1][2][4].