Ripple’s XRP started this week a little calm. It’s down about 0.5% over the last day, trading near $1.14. Bitcoin, for comparison, is still hanging onto a tiny green number.
This dip doesn’t look like news or anything XRP-specific. It seems more like people taking profits off the table after last week’s run-up. Plus, the price hit a wall right after bouncing off those late-June lows, technical resistance.
But the bigger picture isn’t broken yet. Not really. If the XRP price can hold the $1.10 to $1.12 area, buyers still have a shot at pushing it back up toward $1.18. If that floor gives way, though? Then we’re probably looking at $1.05 before anyone steps back in.
What you'll learn 👉
News Driving XRP’s Price Action
XRP opened July with renewed strength after climbing more than 13% from its June 25 low near $1.01 to roughly $1.16 by July 4. The rally was fueled largely by a short squeeze that wiped out bearish leveraged positions, with more than 80% of liquidations coming from short sellers.
The XRP/BTC chart formed a golden cross, and new wallet creation hit a three-month peak. The MVRV data shows the average holder is still down about 45% over the last month. That means if the price climbs back toward resistance, plenty of people might sell just to break even.
Then there’s the CLARITY Act holdup. This bill was supposed to clear things up for digital assets, who regulates what, federal rules, all that. It missed its July 4 target because Senate talks got stuck on ethics language and DeFi details. Now we’re looking at a vote later this month or even August. So that uncertainty sticks around, and big money stays on the sidelines.
Other payment blockchains aren’t standing still either. Cardano’s founder just said their upcoming Leios upgrade could boost throughput by 60 times, which would put them in the same ballpark as XRP Ledger’s three-to-five-second settlement speed. So the competition isn’t slowing down.
The announcement does not weaken XRP immediately, but it reminds investors that other networks are racing to compete in fast, low-cost payments.
XRP Chart Analysis
We pulled up the chart to see what’s really going on. After that run from the late-June bottom, up from about $1.02 to nearly $1.17, things have cooled off. Sellers showed up near resistance, and Ripple’s XRP price has drifted back to $1.14. That price lines up with where the coin paused earlier during the climb.
The indicators back this up. The stochastic oscillator rolled over from overbought and is heading toward the middle. The Ultimate Oscillator is down around 47, bullish energy is fading, but it hasn’t flipped bearish yet.
So the key zones are simple. Support is $1.10 to $1.12, that’s where buyers jumped in last time before the rally took off. If the XRP price pushes back above $1.16, then $1.18 becomes the next target. Break that, and fresh buying could pour in. But lose $1.10, and you’re probably looking at $1.05 next.
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What Could Trigger XRP’s Next Move?
Regulation remains the biggest near-term catalyst. Passage of the CLARITY Act would remove much of the uncertainty surrounding digital assets in the United States and could encourage greater institutional participation. More delays would leave traders waiting for clearer policy direction.
Development across the XRP Ledger could also support demand. The proposed native lending protocol and AMM v2 upgrades would expand DeFi functionality, giving XRP additional use cases beyond cross-border payments and increasing activity across the network.
Large holders continue to provide another constructive signal. Big wallets, the ones with at least a million XRP each, now own 74.1% of all the coins out there. Over the last six months, they’ve piled on more than 1.53 billion XRP to their stacks.
That kind of accumulation from whales matters. If regular buyers start coming back in, these big players are already positioned for it. So the bullish scenario gets a little more weight when you see this much conviction from the people with the deepest pockets.
XRP Price Forecast: Targets for This Week
If things go right:
Buyers hold the line at $1.10–$1.12, and Bitcoin doesn’t cause trouble. That sets up a move back to $1.18. Push past that, and $1.20 comes into view. The network’s busy, big wallets keep stacking, and the early July rally gave the charts a better look.
What’s most likely:
The XRP price hangs out between $1.10 and $1.18 for some time. Profit-takers slowed the momentum, but sellers haven’t broken through the floor. No new rules, no big macro news, probably just a week of sideways trading until something gives.
If things go wrong:
$1.10 fails. That opens the door for more selling. Lots of holders are still down on their positions, so any bounce might bring sellers looking to cut losses. That could push XRP down to $1.05 before buyers step back in.
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