XRP Charts Point to Potential 25% Rally in July

XRP, the cryptocurrency associated with blockchain payments company Ripple, has regained traders’ attention after a sharp rally. Its price is influenced by broader crypto-market risk appetite, regulatory expectations and momentum-driven flows. The latest advance is significant because holding those gains could strengthen the case for a more durable trend reversal, while a swift retreat would suggest the move was largely a short-term rebound.

XRP surged about 46% in a single week and briefly reached $1.55 before cooling to around $1.45, according to the latest report. Short-term momentum remains firm, but moving averages and other technical indicators point to continuing resistance over the medium term. Traders are watching whether the area near $1.45 can provide support and whether XRP can regain enough momentum to break above its recent high.

XRP, the crypto asset used in the Ripple ecosystem, has recently traded near $1, a level that carries both technical and psychological significance as support. If buyers fail to defend it, short-term selling pressure could intensify and confidence in a sustained rebound could weaken.

In the latest trading as of July 20, XRP was down 2.8%, with a weak rebound near $1.04 failing to mount another challenge to the range breakout. The immediate focus is on the $1.05–$1.07 support zone. If that area remains breached, attention will shift to the psychologically important $1.00 level.

XRP had mounted a breakout rally as buying returned to the broader cryptocurrency market, but encountered selling pressure near a key technical resistance level. The $1.20 mark is an important gauge of bullish and bearish momentum. Failure to hold above it could push the token into short-term range-bound trading and increase the risk of another test of support.

In the latest trading, XRP fell about 4% after its breakout attempt stalled, dropping below $1.20. Buying support has emerged in the $1.17–$1.18 range. Traders are watching whether that area will hold. XRP would need to reclaim $1.20 to have a chance of restoring upward momentum; otherwise, selling pressure could persist.

XRP had rebounded about 10%, signaling a return of short-term buying and an improved price structure. But traders took profits near $1.25, establishing that level as clear resistance. The token’s ability to extend its advance still hinges on the battle around key price levels, and its next move will shape perceptions of the strength of the broader recovery.

In the latest trading, XRP gave back some gains after approaching $1.25 and has yet to turn its 10% rebound into a sustained breakout. The market is now watching whether support at $1.20 will hold. A renewed push by buyers above $1.30 would provide stronger confirmation of a broader recovery. The report did not specify an exact trading date or identify any institution.

XRP remained capped within the $1.18–$1.20 range for an extended period after the market's sharp June sell-off. The latest breakout marks its first clear upside signal in recent months. Because $1.20 is both a key psychological threshold and a technical resistance level, whether XRP can hold above it will shape traders' assessments of the trend and market momentum.

In the latest trading, XRP rose about 8% and broke through resistance at $1.18 and $1.20 in succession, reaching its highest level since the June sell-off. The move was accompanied by a marked increase in trading volume and improving technical indicators. The market will now watch whether $1.20 can become support and whether XRP can advance toward the resistance zone near $1.30.

XRP fell for about eight months after reaching a multiyear high in July 2025, dropping roughly 64% by spring 2026. TradingView data showed that the daily XRP/BTC relative strength index had fallen to 24, its most oversold level since October 2025. Glassnode’s MVRV Z-score was also close to zero, indicating that holders were near break-even and the market could be entering an accumulation phase.

Santiment data showed on May 27, 2026, that XRP’s 30-day MVRV had fallen to negative 47%, its lowest level since December 2020. CryptoQuant also observed a sharp increase in XRP Ledger transaction volume in April. XRP was consolidating between $1.30 and $1.50. A break above the descending wedge’s upper boundary at $1.50 would imply a technical target of $3.10 and a potential gain of about 134%, though a reversal has yet to be confirmed.

XRP, a crypto asset closely associated with Ripple’s payments ecosystem, has recently traded within a narrow range. Despite continued accumulation by spot ETFs and large on-chain wallets, its near-term direction still hinges on whether buying demand can absorb profit-taking. The $1.40 level has therefore become a key line for the market in determining whether bulls or bears take control.

After repeatedly failing to breach resistance between $1.43 and $1.45, XRP fell about 3.3% in its latest pullback to around $1.41 and briefly dipped below $1.40 intraday. Trading volume exceeded its recent average, indicating that sellers remain in control of the short-term trend. A break below $1.40 could extend the decline, while a move back above $1.45 would improve the chances of escaping the consolidation range.

XRP has traded broadly within a long-term ascending channel since 2014 and is now retesting its lower boundary at around $1.30–$1.40, which overlaps with the 50-month exponential moving average near $1.33. The zone has previously served as the starting point for major rebounds, making its ability to hold critical to preserving the long-term bullish structure. A breakdown would put the next level to watch at around $0.93.

The latest report, dated May 7, 2026, said XRP had rebounded about 30% from its February low of $1.11, while its monthly RSI had fallen to 40–45. Analyst MikybullCrypto said XRP could reach $12 if the support holds. According to SoSoValue, U.S. spot XRP ETFs recorded net inflows of $81.6 million in April and another $28.17 million in the first week of May.

XRP is the native token of the XRP Ledger, and its market performance is often influenced by developments in the Ripple Labs ecosystem and broader sentiment toward crypto assets. Technical analysis shows that XRP twice found support in the $1.30–$1.35 range, forming a potential double bottom. When accompanied by trading volume, this type of reversal pattern is typically viewed as an important sign that bearish momentum is fading.

The latest price action shows bulls continuing to defend support at $1.30, with the $1.50 neckline representing the next key level. A decisive breakout could put the technical target at $1.70, implying a potential gain of more than 20%. On-chain data also shows that selling pressure from whales has eased significantly and large holders are rebuilding positions, adding momentum to a potential price recovery in March.