Ripple’s XRP has faced uneven momentum over the past month. While there was a late June breakout attempt, the rally lost steam quickly, and XRP price is now trading near key support again. With mixed technical signals and no sustained breakout, XRP enters July with traders watching closely for a direction shift.
So, what’s next for XRP price this month?
How Did XRP Price Perform in June?
XRP spent most of June trading in a horizontal consolidation zone between $2.00 and $2.37. The price struggled to break above resistance or hold below support for any extended period. This sideways range dominated XRP movement for nearly three weeks.
Toward the end of June, XRP price showed signs of strength and pushed past the 50-SMA on the 4H chart, breaking out of the range with a sharp move up to $2.32. However, that breakout was short-lived. The price was instantly rejected and has subsequently retreated to about $2.21.
Although the attempt to rally late, XRP didn’t finish June regaining key resistance, and the breakdown failure has got the traders worried going into July.
Ripple XRP Chart Analysis
Looking at the XRP 4H chart, price action shows a strong rejection just below the $2.37 resistance level. The short-term uptrend formed from June 24 remains active for now, as price is testing the ascending trendline and the 50-SMA, both near $2.16–$2.20.
This area is shaping up to be a pivot zone. If buyers hold this support, XRP price could attempt another move toward $2.32 or $2.37. If the trendline breaks, a return to the lower support near $2.00 looks likely.
The structure is fragile, and without volume confirmation, rallies are being sold into quickly.
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Source: TradingView.com Technical Indicators (Monthly Timeframe) Indicator Value Signal / Interpretation ADX(14) 33.53 Strong trend present – bearish in context CCI(14) -92.01 Heavy downside pressure, not yet oversold Ultimate Oscillator 38.16 Bearish momentum on long timeframe ROC -0.241 Price declining month-over-month Bull/Bear Power(13) -0.0166 Bears holding control, no reversal confirmation
Long-term indicators lean bearish. ADX confirms trend strength, while other signals like CCI and ROC point to continued weakness. The overall bias remains bearish until XRP can reclaim monthly highs or flip momentum readings.
XRP Price Forecast for July
Let’s break the month down into two possible scenarios:
Bearish Scenario:
If XRP fails to hold the $2.16–$2.20 support zone, the price could slide back toward $2.00. A break below that could extend losses to $1.85–$1.90. With monthly indicators still bearish, this scenario currently looks more likely.
Bullish Scenario:
If XRP price respects the trendline and mounts back above $2.30, a retest of $2.37 is in play. A clear breakout above would be needed to shift overall mood, but it would need heavy buying volume and maybe some Bitcoin strength higher.
Wrapping Up
XRP price enters July stuck between a short-term uptrend and long-term bearish pressure. The market is watching the $2.16–$2.20 region as a decision zone. If support holds, a short rally could form. If it fails, sellers may take back control.
Traders must stay fluid and see how XRP reacts at trendline support. For now, the trend remains unclear and July could witness more lateral action unless a clean breakout or breakdown occurs.
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The post XRP Price Prediction for July appeared first on CaptainAltcoin.
