XRP holders have had a rough June, with the token shedding 22% and testing the $1 support level like a tightrope walker. But here’s the thing: history doesn’t always repeat, but it often rhymes. July has historically been a month where XRP finds its footing after a June slump, and with the coin currently trading at $1.0625—up nearly 3% in the last 24 hours—there’s a flicker of hope. The question is whether this is a dead cat bounce or the start of a genuine recovery.
The broader market isn’t exactly throwing a party. The Fear & Greed Index is stuck at 15, deep in "Extreme Fear" territory. That’s the kind of number that usually makes contrarians salivate, because it often signals that panic selling has run its course. Meanwhile, Bitcoin is hovering around $60,400, and Ethereum is at $1,583. XRP’s 2.9% daily gain is actually outpacing both majors today, which is a small but notable vote of confidence from traders.
But let’s be real: the path to $1.40 is not a straight line. The source points to historical Q3 data, but this cycle has been anything but typical. XRP is still stuck inside a multi-month wedge pattern, and long liquidations surged when it recently tested $1. The Ripple ecosystem is