XRP Price Forecast: July Breakout or Continued Decline?

The XRP price has been stagnant, caught between a downward trend and growing buyer interest.

Historically, July is a strong month for XRP, with an average return of around 10% and median returns of about 11%

However, the current technical picture remains bearish, as XRP has been moving within a downward channel since mid-July last year.

Despite this, there are signs of accumulation and steady demand from institutional investors, with inflows into XRP ETFs remaining positive for eight consecutive weeks.