XRP had a turbulent June, the Altcoin showing little or no clear direction. Throughout the month, the macro lowering signals have profiled, affecting its price and its feeling.
However, there is a potential for reversal in July, thanks to the growing influence of whale investors.
Can XRP whales get the weight?
Whale activity has been a crucial factor in the last ten days, because major XRP holders accumulate substantial amounts despite price volatility. Addresses holding between 10 million and 100 million XRPs bought more than 610 million XRP worth more than $ 1.33 billion.
This accumulation occurs at a time when the wider feeling of the market remains uncertain, and the influence of whales could counterbalance the erratic behavior observed among small investors. Their movements point out that some major players remain confident from XRP’s long -term perspectives, even if the market is struggling to take momentum.
However, the feeling of investors remains mixed, many smaller investors are not sure of the next XRP decision. This uncertainty is exacerbated by macroeconomic conditions which led to a prolonged downward trend.
The absence of clear developments, such as the delay in launching ETF XRP, left hesitant investors, reflecting a broader trend in market indecision. Addressing Beincrypto, Temujin Louie, CEO of Wanchain, noted that XRP could have trouble launching an ETF.
“XRP remains a highly speculative asset, more than BTC or even ETH. As such, the postponement of the dry is not entirely surprising, because they surely hesitate to establish a previous one and to trigger a wave of documents Altcoin-etf. In addition, in complications of questions is unpredictability in a few years.
The overall momentum of the market for XRP was influenced by changes in net exchange, which show a lack of conviction from retail investors. During the last month, the purchase and sale model on exchanges was volatile, without clear trend.
This suggests that investors are not sure of the immediate future of XRP, supplied by delays in the planned launch of the FNB. The absence of concrete developments has led to an uncertain atmosphere surrounding Altcoin.
The XRP price faces the downward trend
The price of XRP is blocked in a downward trend for more than a month, negotiating at $ 2.18 and holding above the level of support of $ 2.13. The failure to unravel this resistance suggests that the downward trend could continue until early July. The absence of positive movement makes XRP vulnerable to additional declines unless a significant catalyst occurred.
The beginning of July and the third quarter could present a dark perspective for XRP if the price remains trapped at less than $ 2.23 and $ 2.13. This scenario would point out a continuous downward trend.
However, XRP has historically had a positive July in terms of monthly yields. The median monthly yield of the coming month for XRP is 6.91%. A similar increase in July 2025 would push XRP after the resistance of $ 2.23 to reach $ 2.32.
However, if the whales change strategy and go from accumulation for sale, the price of XRP could undergo other losses. If it loses the crucial level of support of $ 2.13, XRP could be a sharp decline. Altcoin could potentially reach as low as $ 2.02, which would invalidate any optimistic perspective for XRP.
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In accordance with the Trust project guidelines, this price analysis article is for information purposes only and should not be considered as financial or investment advice. Beincrypto is committed to exact and impartial reports, but market conditions are likely to change without notice. Always carry out your own research and consult a professional before making financial decisions. Please note that our terms and conditions, our privacy policy and our non-responsibility clauses have been updated.
