XRP Breakout Expected Between July–September
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Historical analysis suggests XRP’s big breakout could come between July and mid-September if the price overcomes resistance at $2.40.
XRP is stuck within a narrowing range over the last three months.
Analyst says XRP price consolidation could end as soon as next month.
XRP/USD price must establish $2.40 as new support to resume the uptrend.
XRP price has been stuck within the $2.00 and $2.40 range over the last 90 days, with traders attempting to predict its next move.
The XRP/USD has traded relatively sideways since turning down from its multi-year high of $3.40 reached on Jan. 16, repeatedly making unsuccessful attempts to break out of the range.
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