Ripple Price Prediction For July 10: Will XRP Break Out or Crash?
Ripple's XRP teeters on a knife-edge as traders brace for a pivotal July 10 showdown. The crypto's recent volatility has bulls and bears locked in a high-stakes battle—with neither side backing down.
Technical Outlook: Make-or-Break Levels
Watch for a decisive close above $0.55 to confirm bullish momentum, while a drop below $0.48 could trigger panic selling. Market makers are playing chess while retail traders play checkers—as usual.
Regulatory Wildcard
The SEC's lingering shadow keeps institutional players sidelined. Until clarity emerges, XRP remains a speculative bet rather than a true hedge—much like your average Wall Street 'safe asset'.
Bottom Line: XRP needs to prove it's more than just a courtroom drama token. July 10 could be the day it either silences doubters or confirms their worst fears.
XRP has gained more than 5% in the last 24 hours, and is currently trading around $2.42. This upward MOVE has brought the token back to a critical resistance zone between $2.31 and $2.36, an area where the price has struggled multiple times in recent weeks. Experts are now closely watching to see if XRP can finally close above this level.
If XRP manages a daily candle close above $2.36, it could trigger a fresh rally towards the next resistance levels at $2.44–$2.45. Beyond that, the next key target WOULD be around $2.61–$2.62, which marks a local high reached in mid-May. A confirmed breakout above $2.36, especially if the price holds this level as new support, would be a strong bullish signal.
However, on the shorter time frame, XRP appears to be forming a rising wedge pattern, which is typically seen as a bearish sign. This pattern will only be confirmed if the price drops below $2.27. If that happens, XRP could pull back to short-term support zones at $2.21 and $2.17.
In short, if XRP breaks above $2.36, bulls could take control and push towards $2.60. But if the price slips below $2.27, a temporary pullback might follow.
An expert said that while XRP’s price is rising, traders should be careful because global trading volumes are still low. They warned this move could be part of a pump and dump setup. Real, strong price moves usually happen when trading volumes cross $10 billion, like when XRP previously jumped from $0.58 to over $2.
Santiment reported that XRP’s price has hit a 7-week high, rising above $2.39 for the first time since May 23rd. Right now, there are 2,742 wallets with over 1 million XRP — just one less than yesterday’s record of 2,743 wallets. These big holders now control 47.32 billion XRP, showing they still have strong confidence in XRP’s future.
