- Ripple leadership confirms no long-term death cross risk for XRP.
- Temporary market volatility impacts XRP value, falling 10%.
- Hourly chart indicates short-term bearish signal against Bitcoin.
XRP registers a notable price drop, mistakenly attributed to a ‘death cross’ on July 24, 2025, amidst inaccurate rumors of a long-term technical threat.
The event highlights market susceptibility to misinformation, though official sources confirm only short-term concerns, impacting broader trading sentiment temporarily.
XRP experienced technical pressures on short-term charts in late July 2025, leading to a temporary price decline without any confirmed long-term structural risks.
This event highlights the potential for short-term volatility in cryptocurrency markets, with XRP reacting to broader market dynamics but not signaling systemic issues.
No Long-Term Death Cross, Says Ripple Leadership
Ripple leadership remains confident, confirming no threat of a long-term death cross. XRP’s recent price drop resulted from broader market liquidations . The temporary price decline stemmed from short-term tech movements. Ripple executives such as Brad Garlinghouse and David Schwartz remained silent on death cross issues. XRP’s hourly chart against Bitcoin confirmed short-term bearish movements, not long-term concerns.XRP Price Drops 10% Amid Cryptocurrency Volatility
The short-term price drop led to significant fluctuations, with a roughly 10% decline. Broader cryptocurrency markets, especially BTC , experienced heightened volatility during this period. Despite the drop, there was no regulatory alarm or reaction affecting XRP’s future. Official channels focused on deepfake fraud alerts, not structural technical risks.“We’re fighting back against the rise of deepfake fraud using our brand and my likeness. Do not send XRP or connect wallets to anything promising rapid ROI or airdrops in my name or Ripple’s. Only trust official Ripple sites and accounts.” — Brad Garlinghouse, CEO, Ripple