• XRP chart shows a breakout pattern forming, decision point near.
• Fed rate cuts could boost crypto; XRP positioned to benefit.
• Ripple’s real-world use cases gaining traction in cross-border transactions.

It’s been a quiet few months for XRP, with the price mostly moving sideways after a strong start to the year. But here’s the thing about XRP: it has a habit of staying quiet just before surprising everyone with a sudden breakout. Here are three simple reasons why XRP could surge in July:

A Breakout Pattern is Forming

According to analyst Mickle, XRP’s price chart is showing a classic breakout pattern. The highs are getting lower, the lows are getting higher, and the price is getting squeezed into a tighter range. This type of “price squeeze” setup often resolves with a powerful and explosive move.

This pattern could reach a breaking point around July 25th. Of course, markets can be unpredictable, but the signs show XRP is gearing up for a big decision soon, either shooting up or dropping sharply. 

Related: Is XRP/BTC Preparing to Rally? Wedge and RSI Say It Might

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