- XRP’s floating between resistance and support, but a breakout above $2.30 could trigger a big move.
- The July 10 Buck Moon is fueling speculation—especially among astro-traders.
- Legal wins, bullish sentiment, and Ripple’s expanding ecosystem suggest the pieces are falling into place.
XRP’s been buzzing again. With July rolling in and markets heating up, Ripple’s token is sitting in a tight price range, just kinda waiting. It’s been floating between $2.07 and $2.20, give or take. Not much action—yet. But analysts are sniffing a potential breakout. They say, if XRP punches through $2.30, it could light up the charts and aim for $2.60 or more. Still, it’s gotta get there first, and so far, price movement’s been hesitant, kind of like it’s holding its breath.
This sideways drift might be accumulation, though. That’s when the big players load up quietly. One analyst even hinted that if bulls grab $2.30 with conviction, XRP could lead the next altcoin push. It’s the calm before the (hopefully bullish) storm.
Moons, Markets, and Momentum
Now here’s where it gets weirder—in a good way. The Buck Moon, hitting July 10, has folks in the astro-crypto crowd excited. Apparently, this full moon has been linked to price reversals in the past. Analyst Captain Redbeard even pointed to its symbolism of “rebirth” and “prosperity” as a kind of spiritual tailwind. Sure, traditional traders roll their eyes, but in crypto, moon cycles sometimes move sentiment. And sentiment, well, can move markets.
Paired with this lunar hype is solid legal progress for Ripple. The long court drama with the SEC seems to be wrapping up. Judge Torres just backed the idea that XRP isn’t a security in secondary sales. Ripple dropped its counter-appeal too, which could signal the end of the road for the case. CEO Brad Garlinghouse, who now rocks an XRP-themed tattoo, says he’s “1,000% committed.” That’s hardcore.
On-Chain Data Flashes Green
Legal clarity’s cool, but numbers matter too. And on-chain signals for XRP are… honestly, looking strong. Santiment shows a bullish-to-bearish ratio of 2.1:1, and whales seem to be moving. One key chart shows a “cup and handle” formation, which usually means a breakout’s near. If XRP clears that $2.40–$2.50 range, analysts say it could push all the way to $3.50.
There’s also talk about XRP’s triangle pattern on the daily chart—a setup that could break either way. But right now, momentum’s swinging up. “It’s not a matter of ‘if’ anymore,” one trader said, “just when.”
Bigger Picture: Utility, Partnerships, and Possibility
Beyond price charts and courtrooms, Ripple’s building. The XRP Ledger is adding smart contract features, which opens the door to DeFi, NFTs, and even crypto payroll. Big names like Bank of America are poking around too. So this isn’t just some speculative pump. There’s substance growing behind the scenes.
Brad Garlinghouse summed it up pretty well: XRP was meant to be a cleaner, faster Bitcoin. And with the legal fog lifting, maybe it can finally stretch its legs a little.