XRP witnessed a strong performance in early August, surging over 8% and reaching a peak of around $3.23 on August 8. However, this momentum did not sustain, creating concerns among investors about the currency’s resilience during this month. Historical price data indicates that August can be a challenging period for XRP. Observers are on alert for any further price fluctuations and external factors that may impact XRP as we approach the month’s end. Investors should prepare for various scenarios, considering the historical trends.