XRP Holds Close to $1.10 as Market Eyes Potential July Move

XRP slipped to roughly $1.39, logging a 3% drop over the past day as the week got underway. Bitcoin hovered close to $68,705, with ether changing hands near $2,080—underscoring that the downturn extended across crypto, not just XRP.

After a steep drop, XRP lingered near $1.59 on Thursday. One well-known technical analyst described the token’s move as a “washout” phase, suggesting it might set the stage for a surge to $20 or even $30 further down the line.

XRP dipped Tuesday, despite Ripple expanding in Europe with a new payments licence. The market’s 2026 outlook for the token still hinges largely on familiar factors: risk appetite and dollar interest rates.

XRP climbed roughly 4% to $2.14 during early New York trading on Wednesday, following a choppy session where it dropped to $2.05 before surging to $2.18.

As of 7 December 2025, Bitcoin is trading around $89,000, down sharply from its October all‑time high above $125,000 but still dominating crypto markets. Several major research desks, options traders, and high‑profile analysts now see December as a make‑or‑break month: either Bitcoin holds the $80K–$85K support zone and grinds sideways… or it finally breaks lower before any attempt at six‑figure prices later on. changelly.com+1