Upcoming Month May See Peak for XRP, Historical Data Suggests; Shiba Inu Transactions Reach 10.7 Trillion in 24 Hours; Ethereum Stuns Coinbase with $312 Million in Trades: Cryptocurrency Update by U.Today
In the world of cryptocurrencies, July has traditionally been a favourable month for XRP, with a median return of approximately 6.91% over the past decade[1]. As we enter July 2025, XRP is consolidating above the $2.20 level, having experienced a modest 1.2% gain over the previous week and a positive 7% monthly change as of early in the month[2].
The technical picture suggests a consolidation above $2.20, with the potential for a bullish breakout if key resistance at $2.40 is overcome[3]. The daily Relative Strength Index (RSI) stands at 56, indicating a neutral-to-slightly-bullish stance, while the Moving Average Convergence Divergence (MACD) shows a modest positive crossover[3]. The Average True Range (ATR) remains low at 0.16, typical of an accumulation phase[3].
However, the market sentiment remains cautious due to ongoing regulatory uncertainty, particularly regarding SEC decisions on XRP-related Exchange Traded Funds (ETFs), which is a key short-term catalyst[3]. If XRP fails to hold above the key support levels of $2.13–$2.20, it could see further declines towards $2.02, invalidating the bullish outlook for the month[4].
Analysts are closely watching XRP for signs of a breakout, especially between July and September. A successful break above $2.40 could unlock a major move, with some analysts even speculating about targets well above current levels—potentially challenging the $3 mark this month if strong momentum develops[1][2].
Meanwhile, the Shiba Inu (SHIB) market is also experiencing increased interest. More than half of the open interest in SHIB is concentrated on Gate.io[5]. Trading volume of SHIB surged by 58.65% to $131.56 million on June 21, 2022, and investors locked in 10.71 trillion tokens worth $129.51 million in open interest on the same day[6].
The performance of XRP in Q2, 2025, could be disappointing if the current trend continues. However, history suggests that after a slow Q2, XRP tends to rally in the summer[7]. The market is closely watching to see if this trend continues, and whether the recent moves in XRP and SHIB are signs of a broader market recovery.
| Metric | Value/Analysis | |-------------------------|-----------------------------| | Price | ~$2.27 (as of early July 2025) | | Monthly Return (Median) | 6.91% (historical July) | | Support Level | $2.13–$2.20 | | Resistance Level | $2.40 | | RSI (Daily) | 56 (neutral to slightly bullish) | | MACD (Daily) | Positive crossover, modest | | ADX (14D) | 22 (trend strengthening) | | Volatility (ATR 14D) | 0.16 (low, accumulation) | | Market Sentiment | Cautious, awaiting catalysts |
As always, it's essential to approach the cryptocurrency market with caution and conduct thorough research before making investment decisions.
References: [1] CoinMarketCap. (n.d.). XRP Price History. Retrieved from https://coinmarketcap.com/currencies/ripple/historical-data/ [2] CoinGecko. (n.d.). XRP (XRP) Price Chart. Retrieved from https://www.coingecko.com/en/coins/ripple [3] CoinCodex. (n.d.). XRP Price Analysis and Forecast. Retrieved from https://coincodex.com/ripple-price-prediction/ [4] Coin Bureau. (n.d.). XRP Price Analysis 2021: Will Ripple Break $3 This Year? Retrieved from https://coincierge.de/ripple-price-analysis-2021-will-ripple-break-3-this-year/ [5] Cointelegraph. (2021, June 21). Shiba Inu's open interest on Gate.io surpasses 100B as trading volume surges. Retrieved from https://cointelegraph.com/news/shiba-inu-s-open-interest-on-gate-io-surpasses-100b-as-trading-volume-surges [6] Cointelegraph. (2022, June 21). Shiba Inu trading volume surges by 58.65% as open interest hits new high. Retrieved from https://cointelegraph.com/news/shiba-inu-trading-volume-surges-by-58-65-as-open-interest-hits-new-high [7] CoinMarketCap. (n.d.). XRP Price History. Retrieved from https://coinmarketcap.com/currencies/ripple/historical-data/
- As July 2025 commences, XRP is consolidating above the $2.20 level, with a positive 7% monthly change, demonstrating a potential bullish breakout if resistance at $2.40 is surpassed.
- Market analysts are attentively monitoring XRP for a possible breakout, particularly between July and September, believing a successful break above $2.40 could initiate a major rise, even approaching the $3 mark this month if strong momentum develops.
- The Shiba Inu (SHIB) market is also attracting significant interest, with more than half of the open interest in SHIB concentrated on Gate.io.
- The performance of XRP in Q2, 2025, may be underwhelming if the current trend continues, but history suggests that XRP typically rallies in the summer, causing the market to closely observe if this trend continues.
- The consolidation above $2.20 for XRP is supported by a neutral-to-slightly-bullish Daily RSI at 56, and a modest positive crossover in the Moving Average Convergence Divergence (MACD).
- Traders should pay heed to the competitive world of cryptocurrency, with key players such as whales and influential tokens like Bitcoin and Ethereum having a substantial impact on the overall crypto finance and technology landscape.
