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As has become known thanks to historical price data from CryptoRank, the fourth quarter of this year is officially the best The famous cryptocurrency XRP In the past seven years. With a return of 253.6% in the past three months, this quarter is also the best for XRP this year.
The last time something similar happened was in 2017. That year, according to CryptorankThe price rose 1,064%, with most of this growth also coming in December. This time, the numbers are much lower, but the price of the popular cryptocurrency itself is at a much higher point than it was seven years ago.
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At $2.20 per XRP, the token is only 50% below its all-time high. Keep in mind that in early November, XRP price It was only $0.56, and things were looking much more positive. However, the question is whether the recent success of the third-largest digital asset will carry over into next month, quarter and year as a whole.
According to price history, the first quarter, especially January, tends to be bearish for XRP, with an average return of -12.4% for the month. However, over the past five years, the token price has seen positive double-digit returns three times, so trends may change as the cryptocurrency market itself develops.
Nothing is set in stone
Price history is not a definitive benchmark for digital assets due to the highly chaotic and volatile nature of the market, but for assets such as XRPwhich can boast more than 10 years of public trading history, could be a well-established way to predict the future, or at least get a glimpse of it.
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