🚨XRP Plunge Triggers Liquidation⁉️💥 Will it Surge to $3 after a 1000% Imbalance?😱🔥

XRP dropped from $2.24 to $2.13, triggering a 1000% liquidation imbalance! Over $14 million in long positions were liquidated in 24 hours, while shorts only accounted for $1.5 million. Trading volume surged 19% to $3.42 billion, with the current price at $2.23.

Rebound on the Horizon

Analyst ALT4F states that the long liquidations indicate bullish sentiment. If it breaks through the $2.30-$2.34 liquidation zone, it could surge to $3! Technical support: RSI 55, with high trading volume. A breakthrough at $2.33 could reach $2.61, and then challenge $3.

Risk Warning

If it falls below $2.15, high leverage could trigger more liquidations, potentially plunging below $2. XRP is in a narrow consolidation, and traders are waiting for a breakout; short-term volatility should be approached with caution!