XRP price is expected to break out between July and Septembe
Wesley Tote r7Nw
Updated at: 5 hours ago
{"content":"XRP price is expected to break out between July and September, analysts say. XRP price has been trading in a range between $2.00 and $2.40 for the past three months. Technical analysts believe that a significant breakout is likely between July and mid-September 2025, especially if the price breaks through the $2.40 resistance level and turns it into support. According to crypto analyst Egger Crypto, XRP has been consolidating in a symmetrical triangle pattern for about 330 days, which usually indicates a breakout 75% to 95% of the time. This means that key breakout dates are expected from early July to mid-September. If XRP breaks out strongly above the $2.40 level, price targets between $8 and $27 have been set for it, which is based on Fibonacci extension tools.
This means that bullish sentiment is increasing in the market and the price could go up significantly.
After the recent decline, it has recovered by about 15% from $1.91 and now traders consider the levels of $2.22 (100-day SMA) and $2.40 (200-day SMA) as important.
If these levels are broken, it will be a sign of a clear trend change.
Some analysts have warned that if the price fails to break the resistance of $2.40, the price may fall further to $1.18.
However, the bears’ grip on the market is weakening and the price volatility suggests a clear move in the near future, which is more likely to be in the bulls’ favor.
Popular crypto YouTuber DustyBC has called XRP “very cheap” at a price below $2 and predicted a price increase in six months.
Some other analysts have predicted a parabolic run similar to 2017,
Overall, the technical and market factors suggest that XRP has entered a critical phase where a break above $2.40 could trigger a new round of price action,
This breakout window between July and September is the focus of all XRP traders.
This is news, this is analysis,
This is not financial advice from the author of the post, if you want to invest in the crypto market, do your research first, then buy.
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