'Real fun starts' if XRP price ends July above $3, new analysis says
Main Idea
XRP price needs to close above $3.03 in July to potentially rally toward new all-time highs, with analysts predicting targets of $7-$11 if this level is surpassed.
Key Points
1. XRP/USD must close above $3.03 in July to achieve its highest monthly close ever, a level not seen since January 2025.
2. Analysts suggest a close above $3.03 could trigger a rally to $7-$11, with 'The Chasm' resistance level being a key indicator.
3. XRP is on track for its sixth consecutive 'green' July, with July 2025 potentially being its third most successful seventh month.
4. A breakout from a descending pattern on the two-week chart targets $10, according to analyst Cryptollica.
5. Egrag Crypto emphasized that surpassing $3.03 would mark a historic milestone for XRP, potentially leading to significant price movement.
Description
XRP price needs to beat its January record monthly close above $3.03 for a renewed push toward new all-time highs.
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