XRP News Today: XRP's Exit Pump Completes as Price Plummets 24% Amid $93M Liquidations

Crypto analyst Steph Is Crypto (@Steph_iscrypto) has concluded that XRP’s “exit pump” — a term describing large holders offloading assets ahead of market corrections — is complete, signaling a potential shift in the token’s trajectory. According to the analysis, institutional or large-scale trading activity (referred to as the “bill market”) has ceased supporting XRP, coinciding with a 24-hour price plunge that saw over $93 million in long positions liquidated [2]. The analyst’s assertion aligns with a sharp sell-off, though technical interpretations of the asset’s chart suggest a nuanced outlook.

The analysis hinges on a flipped weekly XRP/USD chart from Bitstamp, which Steph used to reframe XRP’s recent price action. While the chart appears to show a bearish breakdown, the analyst clarified that this is a bullish breakout when viewed in its correct orientation. The chart highlights two symmetrical triangle patterns: the first preceding XRP’s 2024 breakout to $3.39, and the second forming after a 2025 dip below $3. XRP recently exited the second triangle with a new all-time high of $3.65 [1]. The green arrow on the chart, pointing downward in the flipped version, projects a target of $29, significantly above XRP’s current price of $3.2 [1].

Despite the analyst’s Twitter caption warning of a “bull market cancellation,” the chart’s structure contradicts this narrative. The breakout from the second triangle mirrors the earlier price pattern, suggesting a potential for upward momentum rather than bearish continuation. Steph emphasized that the move does not indicate a sell-off but rather a strategic realignment. This aligns with broader institutional confidence in XRP, as the token’s utility for tokenized asset issuance has surged year-to-date, growing from $5 million in January to $118 million in July — a 2,260% increase [5].

Market observers remain divided on XRP’s short-term prospects. Some analysts argue the recent volatility is a “normal pullback,” with price targets between $4 and $12 still achievable [3]. Others caution that Bitcoin’s 60.84% dominance could delay altcoin recoveries, including XRP [7]. Whale activity, however, adds complexity: large holders have accumulated over 280 million XRP tokens, signaling long-term confidence in the asset [3].

The broader crypto market context also influences XRP’s trajectory. Over $1 billion in liquidations occurred as altcoins like XRP and Dogecoin (DOGE) struggled for stability [4]. Yet XRP’s tokenization growth underscores its institutional appeal, even as speculative trading pressures its price. Technical indicators suggest XRP could stabilize near $3.50, potentially setting the stage for a rally [6].

Steph’s analysis highlights the duality of XRP’s market dynamics. While the exit pump’s completion may reduce immediate selling pressure, sustained growth remains contingent on macroeconomic conditions and regulatory clarity. The XRP Ledger’s tokenization momentum could yet drive renewed investor confidence, but short-term volatility persists amid conflicting signals from analysts and market participants.

Sources:

[1] [title1Analyst Says XRP Exit Pump Is Completed. Here's the Significance] [url1https://timestabloid.com/analyst-says-xrp-exit-pump-is-completed-heres-the-significance/]

[2] [title2Ripple's XRP Crashes Double Digits – $90M in Long Positions Wiped Out] [url2https://cryptoadventure.com/ripples-xrp-crashes-double-digits-90m-in-long-positions-wiped-out]

[3] [title3XT Community News] [url3https://www.xt.com/en/blog/community-news/2025-07-24T13:16:21.000Z]

[4] [title4Crypto Liquidations Near $1 Billion As XRP, Dogecoin Crash 10%] [url4https://www.newsbtc.com/news/crypto-liquidations-1-billion-xrp-dogecoin-crash-10/]

[5] [title5Ripple Leads Billion-Dollar Tokenization Market As XRP Ledger Explodes] [url5https://bitcoinist.com/xrp-ledger-explodes-2260/]

[6] [title6Multiple Charts, One Verdict: A Major XRP Rally Is Now Imminent] [url6https://pro-blockchain.com/en/multiple-charts-one-verdict-a-major-xrp-rally-is-now-imminent]

[7] [title7xrp price is falling] [url7https://www.facebook.com/groups/2028862550588932/posts/3483435618464944/]