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📅 July 3, 7:00 – July 9,
XRP May Rise Dramatically in July – Here Are The Main Reasons Why
XRP has spent the past few months trading in an unusually narrow range, leaving traders disappointed after an impressive bullish run earlier this year. However, this relatively calm period may not last much longer. History shows that XRP often quietly consolidates before exploding into rapid, strong moves, and there is increasing evidence that July could be a turning point for the fourth largest cryptocurrency by market capitalization. Technical patterns indicate an impending breakout. One of the strongest signals comes directly from the chart. Renowned market analyst Mickle has emphasized that the price action of XRP is forming a textbook breakout structure. When the highs of XRP continue to decrease while its lows rise, the price of this coin has been compressed into a tight triangle pattern. Known as "price pressure", this setup tends to precede major directional changes and in the case of XRP, the pattern suggests that a peak could occur by the end of July. While market fluctuations may challenge timing expectations, historical data shows that XRP rarely gets stuck in such patterns for long. A decisive breakout above resistance could trigger a quick and strong bullish move, while a failure at support could lead to a significant correction.
The accumulation of whales signals increasing confidence. Equally compelling is what is happening beneath the surface: a surge in whale wallet activity. Analysis from on-chain research platforms shows that large holders, often wallets controlling over 10 million XRP each, have significantly increased their positions over the past six months. These buying patterns reflect the accumulation phases that took place at the end of 2024, just before XRP surged over 600% in just a few weeks. This strong buying from deep-pocketed investors often serves as a leading indicator for significant price movements. Interestingly, despite the accumulation, the spot price of XRP has yet to reflect the change, indicating a potential disconnection that could be resolved with a sudden bullish breakout when market sentiment stabilizes. Macro Tailwinds and the utility expansion of Ripple In addition to the technical factors and on-chain dynamics, macroeconomic factors and industry developments are also creating advantages for XRP. Pressure continues to mount on the Federal Reserve to begin cutting interest rates amid signs of slowing inflation and a weakening economy. Traditionally, such monetary policies would inject new liquidity into the market and boost risk assets like cryptocurrencies. If interest rate cuts occur in the second half of 2025, as many analysts predict, assets like XRP could benefit disproportionately. Meanwhile, Ripple's technological footprint continues to expand in the real economy. According to aggregated data from institutional payment networks, the company's enterprise stablecoin RLUSD has reportedly surpassed $10 billion in daily transaction volume. This increase comes as financial institutions increasingly explore alternatives to established stablecoins like USDT and USDC. Ripple's payment solution suite, which includes XRP as a bridge asset, is positioned to capitalize on this shift, driving additional utility and adoption for the token. XRP's unique position in the changing landscape of cryptocurrency In addition to the ongoing technology deployment of Ripple, XRP remains one of the most tested digital assets in terms of regulatory oversight. With the high-profile Ripple-SEC lawsuit about to be resolved, industry observers believe that July could mark the beginning of a new chapter for this asset. It is important that July 3 is marked as the next important date in the Ripple lawsuit against the SEC, the day the regulatory agency will have to decide whether to continue appealing or to dismiss and end the case. Investors and traders are currently closely monitoring the decisive move as the price of XRP approaches the breakout point. Whether XRP can convert these underlying bullish trends into a sustainable uptrend remains to be seen, but all signs point to a volatile July ahead.