XRP Experiences Increased Volatility as $105M in Long Positions Are Liquidated Due to ETF Concerns

What to Know

XRP experienced significant losses during the July 24–25 session, falling 8% as the token moved within a $0.30 range from $2.96 to $3.26.

An early rally lost momentum following intensified profit-taking near the resistance level, while a sudden wave of liquidations wiped out over $100 million in long positions.

Despite the selloff, key support at $3.06–$3.10 held through several tests, with late-session activity indicating signs of potential stabilization.

RialCenter reported that Nature’s Miracle and Brazil’s VERT made headlines with new XRP-based strategies, though institutional sellers dominated amid concerns that ETF approvals may face delays.

News Background

• XRP traded within a 7.85% range between $2.96 and $3.26 over 24 hours starting July 24 at 05:00.
• Coinglass data indicated over $18 billion in total crypto liquidations during the session.
• XRP long liquidations exceeded $105 million, contributing to rapid declines.
• Nature’s Miracle announced a $20 million XRP treasury plan.
• Brazil-based VERT launched a $130 million blockchain solution built on the XRP Ledger.

Price Action Summary

The session began at $3.13, dropping sharply to $2.96, followed by a bounce to a $3.26 high at 15:00 on a volume of 175.94 million—over double the average. However, resistance at $3.24–$3.26 capped gains. The price collapsed again late in the session, falling to $3.05 during the 03:00–04:00 window on a spike of 6.2 million in volume, likely due to forced selling or liquidation flows. XRP managed a modest recovery to close at $3.08.

Technical Analysis

• Trading range of $0.30 between a low of $2.96 and a high of $3.26.
• Heavy resistance confirmed at $3.24–$3.26 after rejection following the 15:00 rally.
• Critical support at $3.06–$3.10 tested repeatedly with volume-backed bounces.
• The final hour showed a breakdown to $3.05 before reclaiming $3.08—a potential bullish reversal signal.
• Liquidation-driven volatility indicates increased risk, but strong bid zones offer short-term structure.

What Traders Are Watching

• Whether XRP can sustain the $3.06–$3.10 zone going into the next session.
• The impact of further ETF-related developments from U.S. regulators.
• Signs of institutional reentry or renewed retail participation above $3.15.
• Broader crypto market stability following multi-billion-dollar liquidations.