As the token struggles to hold its ground near the $2.15 level, one prominent analyst has ignited debate across the crypto community with a bold $15 price forecast for late July. The prediction has fueled both optimism and skepticism, setting the stage for what could be a critical turning point in the ongoing XRP price story.
XRP Price Slides Below Key Support Levels
XRP’s recent price action paints a bearish short-term picture. After peaking at $2.254, the token plunged to $2.13 within 24 hours, marking a 3.5% decline. Technical indicators point to a persistent downtrend, with the $2.19–$2.20 resistance zone becoming a pivotal battleground between bulls and bears. Analysts note that this range now serves as a strong barrier after multiple failed recovery attempts.
XRP was trading at around $2.135, down 3.5% in the last 24 hours at press time. Source: XRP Liquid Index (XRPLX) via Brave New Coin
High-volume selloffs, particularly between 15:00 and 16:00, cemented the local top around $2.19. A brief recovery to $2.179 was swiftly reversed, pushing the XRP price to a new intraday low of $2.162. The current support base appears to be forming near $2.147, while buyers are cautiously attempting to defend the $2.10–$2.14 liquidity zone.
Technical Indicators Confirm Bearish Bias
The breakdown aligns with several bearish signals across multiple timeframes. On the 4-hour chart, XRP broke below the 20, 50, and 100 EMAs, with the 20 EMA acting as immediate resistance. The Parabolic SAR dots remain above price candles, confirming sustained downside momentum.
The RSI value drops below 50, signaling a bearish momentum for XRP price on the daily timeframe chart. Source: NIGHTThawk41877 on TradingView
The Chande Momentum Oscillator (CMO) is deep in negative territory, while the Directional Movement Index (DMI) shows a rising ADX coupled with a dominant DI, reflecting strong bearish control. The Money Flow Index (MFI) stands at just 16.8, suggesting liquidity is draining out of the Ripple market.
Still, traders have spotted a compression wedge forming above the $2.10 support level. If XRP holds this zone, a short-term bounce toward the $2.19–$2.21 range could materialize. “We’re seeing signs of potential stabilization, but the bulls need to reclaim the $2.20 level with volume,” one analyst commented.
Ripple Price Under Pressure Amid Broader Market Weakness
The latest XRP news reflects broader headwinds in the crypto sector. The ongoing ripple lawsuit saga, U.S.-China trade tensions, and the recent rejection of multiple crypto ETFs have cast a shadow over investor sentiment. With uncertainty in global monetary policy and mixed signals from regulators, risk assets, including Ripple crypto, are facing renewed pressure.
Despite Ripple’s continued expansion into key markets such as Dubai and Singapore—and the upcoming launch of its RLUSD stablecoin—these fundamental developments haven’t yet translated into upward price movement. Ripple XRP news suggests that while the infrastructure is strengthening, price momentum remains constrained by macroeconomic factors.
Analyst Predicts $15 XRP by Late July
In contrast to the short-term bearishness, crypto analyst WatersAbove has sparked renewed hope within the XRP community. In a June 18 forecast, the analyst projected that XRP could soar to $15 by July 24, calling this potential surge the beginning of “XRP Summer.”
A crypto analyst forecasts an “XRP Summer,” predicting XRP could reach $15 by July 24, 2025. Source: WatersAbove via X
His prediction is rooted in a multi-year fractal analysis, comparing XRP’s current structure to the consolidation phase that preceded its historic 2017 bull run. “The 485-day range has completed,” WatersAbove explained, adding that a breakout could echo the token’s meteoric rise from under one cent to over $3 during the last major cycle.
According to the analyst’s chart, XRP may follow a two-stage surge, with $15 as a mid-year target and a possible peak as high as $26.33 before the next correction. This marks an upgrade from his earlier $10 target forecasted for August 2024, compressing the timeline to just five weeks.
Ripple Community Divided on Bold Forecast
Reactions to the $15 XRP price prediction have been mixed. While some traders celebrated the forecast as long-overdue validation of Ripple’s growth, others were quick to express doubt.
X user Mr. Kaspa went so far as to bet $10,000 that XRP won’t even hit $4 by July 24, arguing the technical structure doesn’t support such a move. Meanwhile, crypto trader King Valex posted a counter-chart claiming WatersAbove’s projection was “overly optimistic.”
On a lighter note, Régis Maël joked about owing WatersAbove a beverage of his choice if the prediction proves correct. Others questioned the analyst’s motive, wondering if the call was meant to stir engagement more than signal market realism.
Still, not everyone is dismissive. Analyst Michael XBT backed the idea of a second breakout leg, reminding followers that he had accurately predicted XRP’s exit from a seven-year bull pennant in July 2024. However, he chose not to attach a specific price target to his current outlook.
XRP Lawsuit Update: Legal Clouds Still Loom
In the background, the XRP SEC lawsuit continues to shape market sentiment. Although Ripple secured a partial legal win in 2024, the SEC Ripple dispute remains unresolved in full. Ongoing court actions, including motions related to injunction dissolutions and possible penalties, keep regulatory uncertainty in play.
Lawyer Bill Morgan states that if Ripple and the SEC secure the indicative ruling, the XRP lawsuit could conclude within weeks. Source: JackTheRippler via X
Brad Garlinghouse, Ripple’s CEO, has recently reiterated his confidence in Ripple’s legal position and hinted at long-term collaboration with institutions like the Bank of America. But until a final XRP lawsuit update arrives, the cloud of regulatory ambiguity may limit near-term upside for the Ripple exchange token.
Final Thoughts: A Battle Between Fundamentals and Speculation
The current XRP price pattern tells a story of conflicting forces—bearish technicals pressing down, while long-term optimism continues to build. Though short-term indicators suggest pressure below the $2.20 resistance zone, a growing number of analysts believe the foundation for a broader breakout is slowly taking shape.
If XRP can stay above the crucial $2.10 support and push past the mid-range resistance at $2.19, a climb toward the $2.25–$2.28 range could follow. But if buyers lose control, a dip to the psychological $2.00 level might be next.
With the XRP lawsuit still unresolved and global market conditions shifting, the Ripple currency price remains highly responsive to both regulatory headlines and investor mood. Whether or not XRP hits the bold $15 price prediction by July 24, one thing is clear: the weeks ahead could mark a turning point in Ripple’s 2025 story.
