XRP News Today: XRP Completes Exit Pump, Bull Market Inactive as Technicals Suggest Rally

Ripple’s XRP has drawn attention as crypto analyst Steph Is Crypto (@Steph_iscrypto) claimed the asset has completed its “exit pump,” a term implying a strategic price decline to liquidate speculative positions. The analyst’s analysis, shared on social media and detailed in a July 23 report, suggests that XRP’s recent 24-hour drop—pushing its price below $3—confirms the conclusion of this phase, with the “bull market” now deemed inactive [1]. However, the technical narrative presents a nuanced picture. Charts used by the analyst, including a weekly XRP/USD chart from Bitstamp, are vertically flipped to reinterpret the asset’s price action. On this inverted scale, XRP’s recent decline is recharacterized as a bullish breakout from a symmetrical triangle pattern, signaling potential for a significant upward move [1].

The analyst’s flipped chart highlights two consolidation patterns. The first preceded XRP’s 2024 breakout to a peak of $3.39 in January 2025, while the second, initiated after XRP dipped below $3 in February, culminated in a new all-time high of $3.65 [1]. When viewed conventionally, the chart’s green arrow points to a target near $29, far exceeding XRP’s current price of $3.2. This contradiction between the bearish narrative and bullish technical signals underscores the complexity of interpreting market sentiment.

Market reactions to the exit pump theory remain divided. While some traders view the decline as a normal correction, others caution that XRP’s volatility reflects broader altcoin uncertainty. Recent liquidations for XRP derivatives have reached $93 million, second only to Ethereum in the sector [1]. Analysts like Steph Is Crypto, however, argue that the drop should not trigger panic selling. They emphasize XRP’s technical resilience, noting that the asset’s breakout from the second triangle mirrors its 2024 structure, suggesting a potential repeat of prior gains [1].

The XRP Ledger’s adoption in tokenized asset issuance further complicates the outlook. In July, tokenized assets on the XRP Ledger surged to $118 million, a 2,260% increase from January 2025, demonstrating its utility in real-world applications [1]. This growth could support long-term demand, though immediate liquidity concerns persist. On-chain data reveals that over 280 million XRP remain in whale wallets, indicating sustained institutional or large-holder confidence [1].

Critically, the exit pump theory—unverified—hinges on speculative assumptions about whale or institutional activity. While the analyst links the price drop to a deliberate de-escalation of speculative pressure, on-chain metrics tell a different story. Over $90 million in long positions have been liquidated following XRP’s recent selloff, with broader crypto markets experiencing near $1 billion in total liquidations [1]. Altcoins like Dogecoin face similar risks, amplifying concerns about liquidity shocks.

Despite these challenges, analysts remain cautiously optimistic. The XRP Ledger’s role in tokenization—a key driver of adoption—highlights its adaptability to evolving market demands. However, forecasts of a 500% price surge, while circulating among traders, are speculative and contingent on macroeconomic factors [1]. Technical indicators, including resistance levels at $4 and $12, will likely determine XRP’s near-term trajectory.

The interplay between market sentiment and technical strength remains pivotal. While the analyst’s flipped chart suggests bullish potential, the broader altcoin market faces headwinds from Bitcoin’s 60.84% dominance, which could suppress liquidity [1]. Investors are advised to monitor consolidation patterns and on-chain accumulation before making decisions.

Sources:

[1] [Analyst Says XRP Exit Pump Is Completed. Here’s the Significance](https://timestabloid.com/analyst-says-xrp-exit-pump-is-completed-heres-the-significance)

[2] [Ripple’s XRP Crashes Double Digits – $90M in Long Positions Wiped Out](https://cryptoadventure.com/ripples-xrp-crashes-double-digits-90m-in-long-positions-wiped-out)

[3] [XT Community News](https://www.xt.com/en/blog/community-news/2025-07-24T13:16:21.000Z)

[4] [Multiple Charts, One Verdict: A Major XRP Rally Is Now Imminent](https://pro-blockchain.com/en/multiple-charts-one-verdict-a-major-xrp-rally-is-now-imminent)

[5] [Ripple Leads Billion-Dollar Tokenization Market As XRP Ledger Explodes](https://bitcoinist.com/xrp-ledger-explodes-2260)

[6] [Why Is Crypto Crashing Today? XRP News, Bitcoin Price](https://coinpedia.org/news/why-is-crypto-crashing-today-xrp-news-bitcoin-price-today-tesla-stock-earnings-and-more)

[7] [xrp price is falling](https://www.facebook.com/groups/2028862550588932/posts/3483435618464944/)

[8] [Crypto Liquidations Near $1 Billion As XRP, Dogecoin Crash 10%](https://www.newsbtc.com/news/crypto-liquidations-1-billion-xrp-dogecoin-crash-10)

[9] [Are We About to See the XRP Price Soar Another 500%?](https://m.economictimes.com/wealth/invest/are-we-about-to-see-the-xrp-price-soar-another-500-as-payment-tokens-continue-to-skyrocket/articleshow/122873229.cms)