XRP is moving towards a new monthly record, with the possibility of closing above a key level at $3.03 by the end of July 2025.
Key Levels for XRP
Analyst Egrag Crypto stated that the $3.03 level is crucial for XRP. If the cryptocurrency closes above this value, it will mark the first historical close at this level for XRP. The asset has not achieved this in recent months.
Expectations for Further Growth
Closing above $3.03 may pave the way for significant gains. Experts believe this could lead to prices ranging from $7 to $11. "Touching 'The Chasm' will set an initial target of $11, and surpassing it could trigger a rise up to $37," noted the analyst.
Statistical Data on XRP
XRP aims to extend its streak of successful July months, with CryptoRank data indicating that July 2025 could become the third most successful with a 42% gain. This will mark XRP's sixth consecutive 'green' July.
Thus, XRP is at a crucial point where closing the month above $3.03 may not only set records but also open the door to new heights in the market.