The XRP price has had a rough month. XRP is at about $1.04, down 22% over the last month. Selling keeps hitting the whole crypto market, and XRP isn’t escaping it. On top of that, Ripple CEO
The XRP price has had a rough month. XRP is at about $1.04, down 22% over the last month. Selling keeps hitting the whole crypto market, and XRP isn’t escaping it.
On top of that, Ripple CEO Brad Garlinghouse took a shot at Michael Saylor’s Bitcoin play. He said Strategy’s leveraged approach has “hurt the overall market.”
Those comments kicked off a fresh round of arguments across crypto. Critics were quick to point out that Ripple does something similar, it unlocks XRP from escrow every month to pay for operations.
So now two of the biggest names in crypto are stuck defending completely different funding models. But at the end of the day, both depend on market demand to keep their ecosystems alive. With July about to begin, investors are asking whether the XRP price can recover or if another leg lower is still ahead.
The XRP price continues to face pressure from several directions despite tightening exchange supply. Data shared by RippleXity claims exchange balances have fallen to a seven-year low, leaving roughly 1.5 billion XRP available for trading, with 38 billion XRP remaining locked in escrow and 62% of supply held by whales.
Lower exchange supply can support prices if demand returns, but buying activity has remained weak.
Institutional flows have also worked against the market. U.S. spot crypto ETFs recorded approximately $1.93 billion in net outflows during the week of June 22–26. Garlinghouse also criticized Strategy’s financing model, arguing its leveraged Bitcoin purchases have weighed on the broader market after discussing the company’s STRC fundraising strategy.
Derivatives data paints another cautious picture. CryptoQuant data shows XRP long liquidations jumped 832% above the three-month average, with nearly $3 million in leveraged longs wiped out during the latest decline.
$XRP long liquidations have surged 832% above the three-month average. CryptoQuant data shows XRP experienced a sharp wave of long liquidations over the past month. Nearly $3 million in leveraged long positions were wiped out during the latest decline. One liquidation event…
— TheCryptoBasic (@thecryptobasic) June 29, 2026
Open interest fell from about $1.18 billion down to $1.04 billion, an 11.1% drop. And on Binance, funding rates flipped deeply negative after swinging 463% from the quarterly average.
Development on the XRP Ledger continues despite weak price action. Ripple CTO David Schwartz has proposed a transaction reservation system designed to eliminate front-running and sandwich attacks. The upgrade would allow users to reserve execution priority before transactions enter the network, improving fairness for traders.
Regulation could also become a major catalyst. The White House is still pushing to get the CLARITY Act passed before Congress takes off for August recess. Treasury Secretary Scott Bessent, Senator Cynthia Lummis, and other top officials are all backing the bill. The Senate is still the biggest roadblock, but if it moves forward, it would bring clear rules for projects like XRP.
— X Finance Bull (@Xfinancebull) June 29, 2026
CLARITY ACT INSIGHT
Institutional adoption also continues moving forward. The International Monetary Fund has discussed tokenization as digital assets become more integrated into financial markets, an area where the XRP Ledger already supports tokenized assets and fast settlement.
Also, reports indicate the Central Bank of Luxembourg has discussed XRP’s potential role in cross-border payments, and Ripple continues promoting near-instant settlement as financial institutions modernize payment infrastructure.
We had a look at the chart shared by EGRAG Crypto, and the focus is entirely on the long-term market structure instead of short-term volatility. The chart shows XRP continuing to respect a broad curved trend that has connected previous cycle highs dating back more than a decade. Price remains above both the 77 EMA and 111 EMA, which continue acting as dynamic support.
The chart also shows Ripple’s XRP price holding above a rising support channel despite the recent correction. Previous cycle tops have formed close to the upper white trend line before cooling off and finding support near the moving averages. That pattern remains intact unless those support levels fail.
#XRP – The Bent Fork
— EGRAG CRYPTO (@egragcrypto) June 29, 2026:This is the chart.
No noise.
Note: When price bends, most panic. When structure bends,… pic.twitter.com/t54eyl6B38
EGRAG Crypto argues the structure is “macro super bullish,” pointing to the gradual bend in price instead of a complete breakdown. The next major test comes near the $1.40 region marked on the chart. A successful move through that level would keep the longer-term structure intact and reopen the path toward much higher targets over time.
Related XRP News: Crypto Price Prediction for Today, June 29: XRP, Ethereum (ETH), Solana (SOL)
Likely Scenario
The most likely outcome is continued consolidation between $1.00 and $1.15. Weak ETF flows and negative derivatives positioning continue weighing on sentiment, though shrinking exchange supply could help stabilize the XRP price if buyers begin returning.
Bullish Scenario
If regulation starts looking better and XRP breaks above $1.15, buyers could push for $1.30. Past that, $1.40 is the next big wall. Stronger institutional interest and ongoing work on the XRPL would only help that case.
Bearish Scenario
If ETF outflows continue and leveraged selling returns, losing the $1.00 support level could send the XRP price toward $0.90, with the mid-$0.80 region becoming the next area where buyers may attempt to slow the decline.
An increase in active addresses can indicate higher network usage. If more users are transacting on the XRP Ledger, it may point to growing demand for the network, although it does not guarantee a price increase.
Will XRP reach $10XRP reaching $10 is mathematically and historically possible, but analysts consider it an aggressive target that will require years to develop. A $10 valuation demands a massive structural shift in the cryptocurrency market.
Is XRP a good investmentXRP can be a reasonable, high-risk investment for individuals seeking exposure to cross-border payment technology, but it is highly speculative and unsuitable as a core or conservative holding. Its viability depends heavily on your risk tolerance, time horizon, and belief in the cryptocurrency’s utility
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The post Where Could Ripple XRP Price Go in July? appeared first on CaptainAltcoin.
