Analysts Eye $3+ in July: With strong RSI and macro support at $2.25, analysts say XRP could rally toward $3.04 and possibly enter “blue skies.”
Ripple’s XRP has stormed into July with renewed bullish momentum, crossing above the $2.20 mark after the long-awaited EVM sidechain finally launched on the mainnet. This major update enables Ethereum-style smart contracts on the XRP Ledger, setting the stage for a wave of new dApps, wallets, and cross-chain bridges.
The XRP EVM sidechain launch has been one of the most anticipated updates in the XRP ecosystem. It bridges XRP with the Ethereum ecosystem, boosting functionality for developers while drawing new capital and innovation to the network.
This comes at a time when altcoins are gaining momentum, and XRP’s price action is aligning with broader bullish sentiment in the market.
With all this positive news, Will XRP break past $3 in July?
According to popular crypto analyst CasiTrades, XRP is currently following a bullish breakout structure he forecasted earlier. He notes that the XRP price has surged toward $2.30, with the next crucial step being a pullback to $2.25.
“XRP needs to test $2.25 as new support, it’s the macro .382 Fib retracement. Hold that cleanly, and we’re headed for the next leg higher,” said Casi on X.
This level marks a critical breakout confirmation. If XRP flips this zone into strong support, the next targets are clear.
Casi adds that technical indicators remain strong, with the RSI showing no bearish divergence on lower timeframes. This suggests that the breakout was not just hype; it was backed by genuine buying volume.
If the RSI resets on a retest of $2.25, XRP could gather the strength for an even larger breakout, possibly toward its all-time highs.
“Momentum is clean, no signs of weakness yet,” Casi added in a follow-up post.
If XRP holds the $2.25 zone, the next major resistance levels are at $2.69 and $3.04. Once those are cleared, analysts believe XRP could enter “blue skies”, a zone with minimal overhead resistance and massive upside potential.
The Ripple vs SEC legal battle is finally winding down, with Ripple dropping its appeal. Meanwhile, XRP ETF rumors are circulating in the market, fueling further bullish sentiment.
XRP’s recent rally is more than just a short-term spike it could be the beginning of a major macro breakout. With strong fundamentals, bullish momentum, and ecosystem upgrades, XRP might be setting the stage for its next big move.The XRP Army is watching closely. Will $2.25 hold and open the door to $3 and beyond?
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