The popular cryptocurrency XRP, which experienced a 7% rise in May, could encounter some challenging times in June. Despite maintaining stability above the psychological mark of $0.5, investors hoping for significant price changes were left disappointed.

While the token's performance in May aligned with its historical average gain of 27.7%, historical data suggests that June may not bring the same positive returns. Over the past decade, XRP has typically seen negative returns during the first month of summer. The average return for June stands at -5.59%, with a median return of -8.92%.

CryptoRank, a cryptocurrency market data provider, noted that the last profitable June for XRP was in 2017. Since then, all subsequent Junes have ended with losses of at least 8.15%. This data indicates a probable downturn for XRP in the coming month.

While the cryptocurrency market is known for its unpredictability, XRP's historical performance provides a significant sample size due to its status as one of the oldest tokens in the market. Investors should approach the situation cautiously as historical trends indicate a high probability of negative returns in June.

The stability exhibited by XRP in May, despite the lack of significant price swings, now contrasts with a less optimistic outlook for the coming month. If the historical patterns continue, XRP bulls may find themselves disappointed as the token faces a potential decline in June.

It is important for investors to conduct their own research and consult financial experts before making any investment decisions. Additionally, keep in mind that the market may have changed since the date of publication, potentially affecting the accuracy of the information provided.