- XRP chart shows a breakout pattern forming, decision point near.
- Fed rate cuts could boost crypto; XRP positioned to benefit.
- Ripple’s real-world use cases gaining traction in cross-border transactions.
It’s been a quiet few months for XRP, with the price mostly moving sideways after a strong start to the year. But here’s the thing about XRP: it has a habit of staying quiet just before surprising everyone with a sudden breakout. Here are three simple reasons why XRP could surge in July:
A Breakout Pattern is Forming
According to analyst Mickle, XRP’s price chart is showing a classic breakout pattern. The highs are getting lower, the lows are getting higher, and the price is getting squeezed into a tighter range. This type of “price squeeze” setup often resolves with a powerful and explosive move.
This pattern could reach a breaking point around July 25th. Of course, markets can be unpredictable, but the signs show XRP is gearing up for a big decision soon, either shooting up or dropping sharply.
Related: Is XRP/BTC Preparing to Rally? Wedge and RSI Say It Might
Whale Wallets Are Loading Up
Another sign is the sudden increase in whale wallet activity. History shows that whenever these whales start buying aggressively, XRP’s price usually follows with a strong rally.
Over the past six months, whale accumulation has picked up massively, similar to what happened in late 2024 before XRP skyrocketed by 600%. Right now, the analyst said that the market is seeing the same kind of buying again. The interesting part? The price hasn’t moved much yet, which means a big move could be just around the corner.
Big Macro and Industry Catalysts
Lastly, there’s a mix of positive news both inside and outside the crypto world that could lift XRP. In the wider economy, there’s growing pressure on the U.S. Federal Reserve to cut interest rates. Lower rates tend to boost risky assets like crypto, and if rates drop later this year as expected, XRP could ride that wave higher.
Related: Grayscale’s New Top 20 List Shakes Up Rankings – Adds AVAX and Morpho; XRP, ADA Still Absent
Within the crypto space, XRP is making news because of its real-world use cases, especially for cross-border payments and stablecoin transactions. RLUSD is processing over $10 billion in daily transactions. As more institutions shift away from older stablecoins like USDT and USDC, Ripple’s network stands to benefit, which could push XRP’s price higher.
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