XRP Has Always Experienced a Relief Bounce or the Start of a Bull Run in July Since 2020

Since 2020, $XRP has experienced a relief bounce or the start of a bull trend in July, having recorded no red July candlestick during this period.

Notably, chart data supports this observation at a time when investors anticipate much-needed relief from the ongoing downtrend. Specifically, $XRP has witnessed eight red monthly candlesticks out of nine since October 2025, recently dropping nearly 22% in June 2026.

Amid the downturn, historical data indicates that a relief bounce may be on the horizon in July. Interestingly, since 2020, $XRP has often experienced losses in June. However, this has always been followed by a relief surge in July or the start of a bullish trend shift.

How $XRP Performed in July from 2020 to 2023

For instance, $XRP recorded a steep 13.55% decline in June 2020 amid a bear market downtrend that began after it collapsed from the $3.31 peak in January 2018. This downtrend lasted for over two years, but concluded after $XRP’s rebound in July 2020.

Specifically, $XRP spiked more than 48% in July 2020, marking its highest monthly gain in nearly two years. From here, August built on the rebound with an 8.29% gain. Despite occasional monthly declines, data shows $XRP saw an upward trend after the July 2020 surge, eventually reaching the $1.96 high in April 2021.

However, after this local top, a pullback ensued, with May 2021 delivering a 34.77% loss and June 2021 seeing a 32.3% decline.

Interestingly, a recovery emerged in July 2021 with $XRP rebounding 6.91% that month and extending the gains with a 59% gain in August 2021. Nonetheless, this was merely a relief bounce, as the downtrend persisted later on.

This downtrend lasted for another year, and the Terra ecosystem crash of May 2022 exacerbated the situation. From April to June 2022, $XRP collapsed 59%, but a rebound played out in July 2022, when the price recovered by 14%. While this also marked a relief bounce, $XRP only consolidated from here instead of trending lower.

July 2023 to 2025 Marked Pivotal Periods for $XRP

Meanwhile, from 2023 to 2025, July not only brought in gains for $XRP, but it also marked pivotal moments for the crypto asset. Specifically, in July 2023, Judge Analisa Torres ruled that $XRP was in itself not a security, going against part of the U.S. SEC’s argument in the Ripple case.

This ruling triggered a massive 47% increase in $XRP’s price in July 2023, pushing $XRP toward $0.94 before a pullback ensued. Besides the upsurge, the decision helped give $XRP its much-needed legal clarity.

Further, in July 2024, $XRP rose 31%, representing its highest monthly gain since the 47% rise in July 2023. Interestingly, this July 2024 increase marked the end of the ongoing consolidation that had lasted since July 2022, representing a trend shift. In less than four months, $XRP saw the meteoric November 2024 upsurge.

Meanwhile, after $XRP collapsed in February 2025, it entered a short period of consolidation around the $2 to $3 range. However, by July 2025, a rebound ensued, pushing $XRP to its current all-time high of $3.66 before the ongoing downtrend began.

Will This July be Different?

Overall, $XRP has seen consistent gains every July since 2020, with an average increase of 30% during the month. This pattern has built confidence among market participants who believe a trend shift or a relief bounce could occur again.

So far, $XRP has already gained more than 2% this July, having recovered from $1.03 to $1.07 at press time. If the crypto asset sees at least a 30% increase this month, its price could soar to $1.33, recovering the $1.30 level. However, past performance does not guarantee that a similar trend will occur in the future.