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XRP Long Liquidations Top $70 Million as Token Retraces 7%: Is the Bull Run Over?

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Ripple’s new corporate treasury platform is starting to reset expectations around XRP, even though the token is still trading far below its old peaks. Currently, XRP is trading 6.3% below at around $1.7 at the time of writing. 

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Is XRP Entering a Gold-Style Breakout Phase With Room for a Sustained Rally?

A chart shared by a crypto analyst adds more weight to the current sentiment. It shows XRP moving in a pattern that closely resembles gold’s recent breakout. 

Gold formed a clear staircase move, with mild pullbacks followed by tight consolidation and sharp extensions. XRP appears to be following the same rhythm.

The token built a rounded bottom over several weeks and then reclaimed support around $1.70 to $1.80. From there, it moved into a clean trend of higher highs and higher lows. 

The structure points to a shift from accumulation to expansion. And because the pullbacks remain shallow, the buying pressure still looks firm. 

There are also no long upper wicks on recent candles, which suggests traders aren’t taking heavy profits yet.

The analyst described the setup as a mirror of gold’s breakout, saying:
🚨 $XRP follows gold here. Many fresh new millionaires will be made in the next 3 months!”

If this pattern plays out, XRP may be entering a longer, steadier climb instead of a brief rally. The trend remains valid as long as buyers defend the key support zones.

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Can Ripple Treasury Adoption and Record XRP ETF Inflows Push XRP Toward New Highs?

Ripple and its newly acquired software partner GTreasury, rolled out Ripple Treasury this week.

The system lets corporate finance teams manage cash, stablecoins and XRP in one place, with connections to roughly 13,000 banks. 

The announcement, made on January 28–29, signals a push to speed up settlement, cut currency costs, and free up working capital for global companies.

The launch has also revived the long-running question about XRP’s future. Ripple CEO Brad Garlinghouse said he expects the wider crypto market to set fresh highs in 2026. 

Analysts at Standard Chartered have issued their own projections, with research outlining possible XRP targets as high as $8 by the end of the year.

The market wants to see whether companies will actually use Ripple Treasury at scale, and whether RLUSD-based settlement flows will drive steady on-chain activity. 

And if that activity builds in the coming quarters, traders will be watching to see if it finally shows up in XRP’s

Strong demand for new XRP exchange-traded funds is shaping the latest bullish outlook. 

The products have pulled in about $1.3Bn since their launch in November, outpacing similar Bitcoin and Ethereum ETFs. 

SoSoValue data shows only two days of net outflows so far, a sign of steady interest.

Canary Capital’s November launch set a record for 2025, bringing in roughly $250M on day one. 

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Key Takeaways

  • Ripple and its newly acquired software partner GTreasury, rolled out Ripple Treasury this week.
  • Analysts at Standard Chartered have issued their own projections, with research outlining possible XRP targets as high as $8 by the end of the year.

The post XRP Long Liquidations Top $70 Million as Token Retraces 7%: Is the Bull Run Over? appeared first on 99Bitcoins.





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