More withdrawals from BTC ETFs in June and news of Mt. Gox returning coins to investors caused a market-wide drop. But can XRP price recover in July?
Will Ripple’s XRP Surge 20% in July?
According to data on CoinCodex, XRP will reach $0.64 on July 5, 2024. The platform does not expect XRP to hold above $0.60 for long as they predict a correction shortly thereafter. According to CoinCodex, the asset will drop to $0.57 by the end of this month, which is about a 20% increase from current levels.
Changelly also gave a similar picture for Ripple’s XRP. On July 4, 2024, the platform predicts that XRP will reach $0.63, but also expects a rapid decline to around $0.54.
One of the major headwinds for XRP’s price is the ongoing SEC lawsuit against Ripple. The financial regulator is filing charges against the fintech startup for allegedly selling unregistered securities. XRP may not see any major moves until the lawsuit is over.
See more: What is Pirate Nition (PIRATE)? GameFi is listed on Coinbase
