In July 2025, XRP is on the verge of setting a record monthly close, indicating a significant upward trend after years of stagnation.
Historic Year for XRP
2025 has been a remarkable year for XRP. The asset started the year at a multi-year peak of $3.39 and maintained momentum through January. It closed the month at $3.0354 after remaining above $3 for 16 days.
Multi-Year Resistance Finally Breached
XRP has broken above a multi-year range that capped its price since early 2018. This recent movement began in early 2025 and accelerated in the past month, with a 36.79% gain this month reflecting a significant increase in momentum.
Expectations for August
Market participants are closely watching to see if XRP can maintain its momentum into August. Future movements will need to break psychological levels above $3.5, aiming for the record of $3.65.
A successful close this month could confirm XRP's bullish trend and initiate a bull market, making it essential for market participants to consider.
