XRP experienced a volatile June, with no clear price direction amid prevailing bearish macroeconomic signals. However, July could bring a shift, driven by increasing activity from large investors, or “whales.”
In the past ten days, addresses holding between 10 million and 100 million XRP have accumulated over 610 million XRP, valued at more than $1.33 billion. This surge in whale buying contrasts with uncertain market sentiment and may help stabilize XRP’s price amid volatility.
Despite whale confidence, smaller investors remain hesitant, compounded by ongoing macroeconomic challenges and delays in key developments like the XRP ETF launch. Temujin Louie, CEO of Wanchain, noted to BeInCrypto that XRP is highly speculative compared to Bitcoin and Ethereum, and the SEC’s postponement of ETF approval reflects regulatory caution.
Exchange data indicates inconsistent buying and selling patterns from retail investors, highlighting uncertainty about XRP’s short-term prospects. This indecision is further fueled by the delayed ETF project, leaving XRP’s outlook unclear.
Currently, XRP trades around $2.18, holding just above a support level of $2.13. The inability to surpass resistance near $2.23 suggests the downtrend may persist into early July, risking further price declines unless new positive catalysts emerge.
Historically, July has been a favorable month for XRP, with a median monthly return of 6.91%. If a similar increase occurs in July 2025, XRP could rise above $2.23, reaching approximately $2.32. However, if whales shift from buying to selling and XRP falls below $2.13, the price could drop sharply toward $2.02, undermining bullish expectations.
Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Market conditions can change rapidly. Readers should conduct personal research and seek professional consultation before making investment decisions.