Crypto Chaos: XRP’s Wild Ride & Market Madness! 🚀💥

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TL;DR? More like TL;DR to the chaos, comrades!

  • XRP decided to take a nosedive after thrusting itself to $3.65, tossing out $1.3B in leverage like yesterday’s trash—because markets love a good reset, right? 😏
  • Support level at $2.80? Keep an eye on it, folks. VWAP zones whisper promises of cushion—or maybe just teasing us with hope. 🤥
  • Some genius sold 75 million XRP on Upbit, sparking a dip and wiping out $90M of long losers—sounds like a party, doesn’t it? 🎉

XRP Climbed High, Fell Hard—Humans Love a Good Tale

Ripple (XRP) reached for the stars at $3.65, smashing through old highs like it was a tin can in a trash fire. The crowd cheered—until they realized it was just a fever dream. Now it’s chilling at $3.09, probably contemplating life’s futility.

Although there’s a tiny daily bump, XRP is down roughly 14% for the week. Analyst Dom, with his crystal ball, says this dip scoured out $1.3 billion—about 30% of all open interest—like a yard sale gone wrong. Just your typical leverage reset, because nothing says stability like a roller coaster. 🎢

$XRP update

The market decided to have a healthy purge, removing some of that pesky leverage built over the past two weeks.

This little dip wiped out nearly 30% of XRP’s open interest—nice clean sweep.

Last week’s chart shows a perfect retest of the “last major level to flip.” Sounds fancy, huh?

As…

— Dom (@traderview2) July 24, 2025

The plunge pushed XRP back to the hallowed ground near $3.00—once resistance, now our bolster in these turbulent times. Heavy volume around this level hints at eager buyers, or maybe just desperate traders clutching at straws.

DM (Dom) noted that the 1-month VWAP stays close to $2.86, while the 3-month VWAP hovers at $2.57. Both serve as safety nets if prices decide to take a nose dive. Meanwhile, traders eye $2.80 as “make or break”—break it, and the trend might just careen into chaos.

Charts Say Yes, Traders Say Maybe

On the daily charts, XRP/USD and XRP/BTC flashed Dragonfly Doji candles—the market’s way of saying “hold on tight.” CryptoWZRD, the seer, claims these patterns hint at a reversal or a new adventure. As long as momentum stays positive, who knows? Maybe a rebound to $3.30, then $3.65, then … who cares? 🧙‍♂️

Short-term swings? Keep an eye on $3.18—break that, and we’re off to $3.40 or higher, because who doesn’t love a good rally? 🎯

Whale Sells & Market Shakes: The Drama Continues

A giant whale on Upbit just decided to sell 75 million XRP in a flash, turning the market into a roller coaster—minus the safety bars. The price plunged around 15%, adding chaos to the mix.

Meanwhile, about $90 million in longs got liquidated faster than you can say “margin call.” Now, with volume limping along and support near $2.80, the next few days could be a dance—will buyers return, or will we see the iceberg’s tip?

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2025-07-25 10:05