XRP (CRYPTO:XRP) has limped into July, barely holding the $1 price level. The token started June around $1.30, then slid almost the whole month, ending it around $1.04—its weakest level since late 2024. For a coin that traded around $3.65 back in July 2025, it’s been a long way down.
The strange part is that XRP’s price decline didn’t come from any bad news. June was actually a busy, mostly positive month for the token and the Ripple network. But the XRP price kept falling, caught in a broad crypto selloff that pulled almost everything lower.
July starts with XRP right on the edge of $1, so where could Ripple’s native token trade by the end of the month?
Why XRP Is Stuck Near $1 as July Begins
XRP is down about 20% over the past month, now around $1.04, but it’s far from alone. Bitcoin fell roughly as much and slipped below $59K, and Ethereum, Solana, and BNB dropped too. When the biggest coins slide together like that, it shows that the selling is about the whole market rather than singling out one of them.
Most of the current market downturn traces back to fear over interest rates and what the Fed might do next, which pulled money out of cryptocurrencies across the board. And the crypto Fear and Greed Index has slid into Extreme Fear territory. Then, on June 29, a single wave of forced selling wiped out around $326 million in leveraged positions—adding more fuel to the bearish market sentiment
XRP also tends to fall more sharply than Bitcoin when the mood turns, so a rough month for crypto hits it more than most. That pressure, not anything bad happening on the Ripple network, is the main weight on the XRP price right now. And it explains why a steady run of good news out of Ripple still hasn’t impacted the token’s price.
The Bullish Signals That Aren’t Moving XRP’s Price
The spot XRP ETFs are the one bullish signal that actually creates demand for the token itself. Since launching, they’ve pulled in about $1.48 billion, and because they hold XRP directly, every dollar in has to buy the token on the open market. But that buying just cooled off. On June 30, the funds saw their first net outflow in weeks, just as the second quarter closed.
Beyond the ETFs, the bigger Ripple news and developments do even less for the token. The latest came just yesterday, when Ripple joined Open USD, a new dollar stablecoin backed by Visa, Mastercard, Stripe, BlackRock, and more than 140 other companies.
At first glance, that roster looks like the breakthrough XRP holders have waited for. But Open USD isn’t Ripple’s coin. It’s run by an independent company and governed by its partners, with Ripple just one name among them and the XRP Ledger only one of several blockchains the coin could run on. Ripple joined to put its ledger forward as a rail, not to issue or control the coin.
And even if Open USD ends up settling on the XRP Ledger, transactions there cost fractions of a cent, so the coin moving across it would burn only a trickle of XRP. It’s a clear win for Ripple, but nothing that pushes new demand toward the token itself.
There is also the on-and-off talk of a Ripple IPO, and hints that XRP holders might get something out of it someday. That is maybe far down the road, and nothing that moves the XRP price today. So the bullish signals right now do not actually create demand for XRP. A shift in the rules could, though, and that points straight to the CLARITY Act.
What the CLARITY Act Delay Means for XRP in July
The one development that could genuinely change XRP’s price is the CLARITY Act. The bill would permanently classify XRP as a commodity under U.S. law instead of leaving its status up to regulators. And it’s about to miss the deadline the market had been watching.
The White House had pointed to July 4 as a target to get it signed, but that won’t happen now. The Senate left for holiday on June 29 and does not return until July 13, and leadership wants that first week back for the defense bill. That pushes the CLARITY Act’s Senate floor vote to late July or the first week of August at the earliest.
Moreover, the bill getting through was never going to be easy. It needs 60 votes, which means around seven Democrats have to cross the aisle, and talks broke down last week over an ethics provision aimed at President Trump’s own crypto holdings.
For XRP, the stakes cut both ways. Back on May 14, the token jumped about 4.5% to $1.49 on nothing more than a committee vote to advance the bill, which is a small preview of what full passage might do. With the only thing that could override the broader market now stuck in the Senate, XRP’s outlook for July will most likely be decided on the chart instead.
The XRP Price Levels That Could Decide July’s Outlook
With no catalyst likely to force a move higher this month, a few levels on the chart will probably decide where XRP goes.
The Downside
On the downside, the level to watch remains the $1 support. XRP is trading just above it around $1.04, held up by a thick band of support between $1 and $1.06 where roughly 830 million XRP last changed hands. As long as that band holds, the floor is intact.
If XRP closes a day below $1, there won’t be much to catch the price. The next support level is all the way down around $0.80, so a break below $1 could fall quickly toward that zone.
The Upside
For the XRP price to move higher, the coin has to reclaim the levels it keeps getting rejected at. The first is $1.08 to $1.10, where the bears keep showing up. Above that is $1.13 to $1.15, roughly where the 50-day average has capped the recent bounces.
The one that matters most is the $1.18 to $1.20 zone, which is the top of the falling channel XRP has been stuck in for a while now. Reclaiming and holding it would signal that the year-long downtrend could finally be breaking.
There is also one bright spot for buyers, as XRP has been oversold for about a week while the selling slowly dries up—and this is often how a bottom starts to form. But that remains a hint, not a guarantee.
Where Does XRP Go in July 2026?
The XRP price is now tied to the broader market’s mood, and no amount of good Ripple news seems able to change that. However, history still offers one reason for hope. July has been XRP’s strongest month over the years, with an average gain of around 10%. But this July opens with the market still deep in fear and XRP stuck in its downtrend, which makes that seasonal edge far less reliable than usual.
What’s pertinent to keep an eye on now is Bitcoin’s floor and the Fed’s next move on interest rates. On the charts, the $1 level and the $1.18 to $1.20 zone are the lines that separate an XRP bounce from another leg down. Even if the CLARITY Act surprises everyone and passes late in the month, that would likely buy XRP a relief rally rather than a genuine trend change, at least until the broader market steadies.
Contact [email protected] for any questions or corrections.
Top Gaining Stocks
Top Losing Stocks