This commentary, which came from market pundit and XRP community figure Alex Cobb, emerged at a time when XRP appears to be breaking out alongside the rest of the crypto market.
“XRP Season Has Started”
Specifically, XRP has broken above the long-standing $2 range for the first time this month and conquered the $2.3 price level for the first time in nearly three months. Notably, XRP recently surged past the $2.3 psychological mark to claim the $2.4 region for the first time since May.
Amid this uptrend, Cobb claims what he calls the “XRP season” has begun, expressing his excitement for the development. According to him, this season started yesterday, July 9, suggesting XRP is likely to maintain the ongoing upsurge until it reaches certain significant price levels.
While XRP’s upsurge has partly been fueled by a renewal of bullish momentum within the broader market, with Bitcoin (BTC) reaching a new all-time high above $112,000 yesterday, XRP appears to have outperformed most of the market. For context, XRP is the second-largest gainer among the top 10 and the fourth when considering the top 20 assets.
This has contributed to the idea from Cobb that the XRP season has started. Also, unique developments surrounding the XRP ecosystem, including Ripple’s partnership with America’s oldest-running bank BNY, and Ripple CEO Garlinghouse’s appearance before Congress, have partly led to its more impressive gains.
XRP Price Target for July 2025
Cobb expects the momentum to continue throughout this month of July. Notably, he believes XRP could reach a price target of $4.35 by the end of July, representing a new all-time high. With XRP currently trading for $2.42, it would need to increase by an additional 79% within this month to hit $4.35.
It is important to note that this will not be the first time a market pundit is predicting an XRP rally to the $4 mark. In January, when XRP reclaimed $3 and pulled back to the $2 mark, analyst Velo Maxi projected it could return to $3 and then leverage the psychological level as a launchpad to $4. He predicted this could happen in February. However, the prediction failed to materialize.
Interestingly, besides his latest projection, Cobb has continued to discuss XRP’s potential in recent times, as the uptrend continues. In one instance, he revealed that he regrets not buying more XRP when it traded at the $0.5 price level. Also, as Bitcoin claimed a new all-time high yesterday, Cobb projected that XRP was next.
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Author: coinmaker
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