XRP Could Rally Toward New Highs if July Closes Above $3.03, Analysts Suggest
Main Idea
XRP's price could rally to new highs if it closes above $3.03 in July 2025, potentially reaching $7 to $11, with analysts highlighting key resistance levels and historical trends.
Key Points
1. XRP needs to close above $3.03 in July 2025 to trigger a strong rally, marking its highest monthly close since January 2025.
2. A close above $3.03 could lead to price surges reaching $7 to $11, with potential for further gains up to $37 if key resistance levels are breached.
3. "The Chasm," a crossover of the 21-month EMA and 33 SMA, is a critical resistance level that historically triggers parabolic price increases for XRP.
4. July 2025 is significant as XRP is on track for its sixth consecutive green July, signaling sustained bullish momentum with a 42% gain.
5. Analysts like Egrag Crypto and Crypto Bitlord predict strong upward momentum if XRP surpasses $3.03, though failure to do so may result in continued consolidation.
Description
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