XRP may be bullish in July if the profit chain continues.

In the context of an unstable market, those holding XRP remain optimistic about the performance of this token in the coming months, as historical data from CryptoRank shows that the monthly returns of XRP have increased for seven consecutive months. This event takes place against the backdrop of a volatile global cryptocurrency market, where the prices of many major cryptocurrencies show mixed signals and several have returned to previous lows. Although XRP has maintained its resilience around the $2 level despite macroeconomic pressures, this fourth-largest cryptocurrency is still in the red, recording a nearly 2% price decrease since the previous day. According to data from CoinMarketCap, the coin is trading around $2.07 at the time of reporting. Investors trust in the growth momentum of XRP in July. Data shows that XRP began a profit streak in July five years ago in 2020, although it recorded a relatively low annual profit of 18.2%. Even when facing significant lows that year due to the regulatory backlash stemming from the SEC lawsuit, XRP still stood out in July 2020 with a notable increase of 48.1%. The strong performance in July has been repeated in the following years, leading to a five-year profit streak for XRP in July. While the growth momentum continues, the scale of the increase also varies, with 2021 recording a profit of 6.91% and 2022, 2023, and 2024 respectively bringing growth rates of 14.6%, 47.6%, and 31.2%. Although the cryptocurrency market in general is showing initial signs of a bear market cycle, investors are wondering whether 2025 will be the year XRP breaks its profit streak from July or continues this trend.

Meanwhile, there is increasing speculation that XRP may achieve another double-digit increase this July, especially since four out of the last five price increases in July have reached that level. Investors are keeping an eye on the opportunity to maximize profits if history repeats itself. In addition to historical performance, many top investors and analysts still maintain an optimistic view on the outlook for XRP. Recent developments, including the launch of the stablecoin Ripple and the introduction of the XRP ETF based in the United States, have rekindled investor confidence in this once-troubled cryptocurrency.