XRP Is Still Up 31% in August After Losing 5% in a Week

XRP (CRYPTO:XRP) posted a 5% decline over the last seven days, dropping from $1.43 to $1.39. However, despite the recent decline, the coin has gained 31% in August, marking its best monthly performance since July 2025, when it reached a…

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XRP (CRYPTO:XRP) posted a 5% decline over the last seven days, dropping from $1.43 to $1.39. However, despite the recent decline, the coin has gained 31% in August, marking its best monthly performance since July 2025, when it reached a cycle high of $3.65. 

The recent pullback has erased some of its gains, but XRP remains on track for a strong close. With two days left in August, will the recent decline hold XRP back, or can it close out the month near its highs? 

Why XRP Lost 5% Over the Last Week

XRP’s 5% decline over the last week came from several factors that affected its bullish momentum. These factors have helped sellers dominate the market over the last seven days. 

Profit-Taking Among Holders

XRP rallied to $1.66 on August 22, its best performance in seven months, giving holders running at a loss an opportunity to break even.