XRP Trading Volume Drops by 50% as the Altcoin Records Six Consecutive Red Monthly Closes

• XRP trading volume drops by 50%, feeding bearish expectations.

• The altcoin records six consecutive red monthly closes.

• Could this be the longest coil for XRP before the biggest launch?

The crypto community is disheartened to see the prices of promising altcoin assets sink to lower price ranges as the new month of April carries on. With the week having closed the month of March with BTC in red, others assets are following suit. For instance, XRP trading volume drops by 50% as the altcoin records six consecutive red monthly closes, marking its longest losing streak in its history.

XRP Trading Volume Drops by 50%

The crypto market continues its brutal sideways trading towards the red, leaving lower prices being hit as the days go by. In particular, the fall in market prices are likely due to the fact that the price of Bitcoin (BTC) failed to reclaim a pivotal support level at the $76,000 price range, meaning the price of BTC hit major resistance, causing a greater fall in prices, pushing the asset to prices below $70,000.

Over the last few days, the price of BTC has been trading steadily between $66,000 and $67,000, feeding bearish market predictions. At the moment, most bearish analysts have been calling for the price of BTC to bottom between $40,000 and $50,000, with some expecting even lower targets if geopolitical tensions escalate. However, despite the bearish predictions, bullish analysts remain just as loud.

Similar expectations are revolving around altcoins as well. So far, several altcoin holders are disappointed to see that the latest bull cycle did not lead to the expected altseason peak phase. Instead, they cling to bullish predictions and hope that the bull cycle will see an extension, finally allowing altcoin prices to pump. According to the 5-year supercycle theory, this is a possibility for 2026.

📉BEARISH: $XRP TRADING VOLUME DROPS BY 50%

While the $XRP price has not dropped significantly over the past week or days, trading volume has reduced.

According to coinmarketcap, trading volume in the last 24 hours has reduced by 1/2, indicating reduced interest in the asset.… pic.twitter.com/GXSW5kVDVM

— BSCN (@BSCNews) April 4, 2026

Altcoin Records Six Consecutive Red Monthly Closes

One of the most bullish altcoins this cycle was Ripple’s XRP. Unfortunately, as we can see from the post above, XRP trading volume has dropped by 50%. While the price of XRP has not dropped significantly over the past week or days, its trading volume has taken a hit, leading to a significant drop. According to CoinMarketCap analytics, trading volume in the last 24 hours has reduced by 1/2, indicating reduced interest in the asset.

🚨BREAKING: 🇺🇸 xrp records six consecutive red monthly closes in 2026 the longest losing streak in its history$XRP has bled from $3.65 all the way down to $1.32, and the cloud is fully bearish. 2026 is not the year bulls hoped for. 👇

…or is this just the longest coil before… pic.twitter.com/lp8YdCtIt8

— Xaif Crypto🇮🇳|🇺🇸 (@Xaif_Crypto) April 4, 2026

Based on historical data, April was tipped as the month when the price of XRP would see bullish momentum but the current outlook is not positive. In addition, the post above shows how XRP recorded six consecutive red monthly closes in 2026, the longest losing streak in its history. So far, XRP has bled from $3.65 all the way down to $1.32. Is there more downside to XRP or is this just the longest coil before the biggest launch?