3 Big Reasons Why XRP Could Surge in July
- XRP chart shows a breakout pattern forming, decision point near.
- Fed rate cuts could boost crypto; XRP positioned to benefit.
- Ripple’s real-world use cases gaining traction in cross-border transactions.
It’s been a quiet few months for XRP, with the price mostly moving sideways after a strong start to the year. But here’s the thing about XRP: it has a habit of staying quiet just before surprising everyone with a sudden breakout. Here are three simple reasons why XRP could surge in July:
A Breakout Pattern is Forming
According to analyst Mickle, XRP’s price chart is showing a classic breakout pattern. The highs are getting lower, the lows are getting higher, and the price is getting squeezed into a tighter range. This type of “price squeeze” setup often resolves with a powerful and explosive move.
This pattern could reach a breaking point around July 25th. Of course, markets can be unpredictable, but the signs show XRP is gearing up for a big decision soon, either shooting up or dropping sharply.
Related: Is XRP/BTC Preparing to Rally? Wedge and RSI Say It Might
Whale Wallets Are Loading Up
Another sign is the sudd…
The post 3 Big Reasons Why XRP Could Surge in July appeared first on Coin Edition.
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XRP’s next major price target is $4.10. Here’s how it could get there
XRP (XRP) Price Prediction for July 19
3 Big Reasons Why XRP Could Surge in July
- XRP chart shows a breakout pattern forming, decision point near.
- Fed rate cuts could boost crypto; XRP positioned to benefit.
- Ripple’s real-world use cases gaining traction in cross-border transactions.
It’s been a quiet few months for XRP, with the price mostly moving sideways after a strong start to the year. But here’s the thing about XRP: it has a habit of staying quiet just before surprising everyone with a sudden breakout. Here are three simple reasons why XRP could surge in July:
A Breakout Pattern is Forming
According to analyst Mickle, XRP’s price chart is showing a classic breakout pattern. The highs are getting lower, the lows are getting higher, and the price is getting squeezed into a tighter range. This type of “price squeeze” setup often resolves with a powerful and explosive move.
This pattern could reach a breaking point around July 25th. Of course, markets can be unpredictable, but the signs show XRP is gearing up for a big decision soon, either shooting up or dropping sharply.
Related: Is XRP/BTC Preparing to Rally? Wedge and RSI Say It Might
Whale Wallets Are Loading Up
Another sign is the sudd…
The post 3 Big Reasons Why XRP Could Surge in July appeared first on Coin Edition.
Читать больше
XRP’s next major price target is $4.10. Here’s how it could get there