Analyst Says XRP Exit Pump Is Completed. Here’s the Significance

As XRP continues to trade with increased volatility following its recent all-time high, crypto analyst Steph Is Crypto (@Steph_iscrypto) has weighed in on the asset’s near-term future, potentially anticipating a decline. The analyst stated that XRP has completed its exit pump and the bill market is cancelled, and the digital asset’s massive drop over the past 24 hours seems to support this narrative. Currently, a closer look at the chart reveals that everything may not be as it seems. A Bearish Image With a Bullish Core The chart highlights continued massive declines for XRP. However, this pattern doesn’t align with XRP’s actual price action. That’s because the chart is flipped vertically. What looks like a bearish breakdown is, in fact, a bullish breakout when viewed correctly. Traders sometimes use this flipping technique to highlight a pattern with more psychological clarity. In this case, the chart implies that XRP has just exited a consolidation range and is now poised for a significant upward move. On this flipped chart, the decline he predicted is a massive surge that could send XRP to unseen heights. The chart is a weekly XRP/USD chart from Bitstamp, showing two consolidation patterns, both shaped like symmetrical triangles . #XRP exit pump completed. Bull market is cancelled… pic.twitter.com/k7xeIj2uSm — STEPH IS CRYPTO (@Steph_iscrypto) July 23, 2025 We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The first triangle preceded XRP’s breakout in late 2024, which culminated in a high of $3.39 in January 2025. Another triangle began forming after the asset dipped below $3 in February, and XRP recently broke above this triangle, rising to a new all-time high of $3.65 . When interpreted in the correct orientation, the green arrow pointing down targets levels close to $29, far higher than XRP’s current price of $3.2. A Reversal in Expectations Despite the caption warning that the bull market is over, the chart itself contradicts that sentiment. The breakout from the second triangle mirrors the earlier price structure. This suggests that Steph’s intent was not to signal bearish continuation, but to highlight the potential for a bullish expansion. Experts have always warned the community not to panic and sell their tokens , as top analysts like Steph still have extremely bullish expectations despite the asset’s recent decline. With XRP now targeting $29, it’s only a matter of time before a swift price reversal and the start of an upward move. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Analyst Says XRP Exit Pump Is Completed. Here’s the Significance appeared first on Times Tabloid .

Source: TimesTabloid