โธ XRP recently dropped to $2.15, causing $13.9 million in long positions to be liquidated (traders betting the price would go up).
In comparison, shorts lost just $1.49 million โ showing how most people were expecting a pump that didnโt happen.
โธ But XRP bounced back quickly to $2.21, which is seen as a strong support level.
Analysts, like John Squire, believe this was just a โshakeoutโ before the real price rally begins.
๐๐๐ ๐๐๐ฌ ๐๐๐๐ง ๐๐ฎ๐ข๐ฅ๐๐ข๐ง๐ ๐ ๐จ๐ซ ๐๐๐๐ซ๐ฌ
โธ XRP isnโt a new token โ itโs backed by Ripple, a company working on global payments for over 10 years.
โธ RippleNet (its payment network) works in 55+ countries and is used by 350+ major financial firms like Santander, SBI, and Tranglo.
โธ This isn't just hype โ it's already being used in the real world.
๐๐๐ ๐๐ฅ ๐๐ข๐ง ๐๐จ๐ฎ๐ฅ๐ ๐๐จ๐จ๐ฌ๐ญ ๐๐๐ ๐ ๐ฎ๐ซ๐ญ๐ก๐๐ซ
โธ Rippleโs legal battle with the U.S. SEC started in 2020.
It got a partial win in 2023, and now the SEC has paused its appeal.
โธ If Ripple wins fully, XRP could become one of the few cryptos legally cleared to work with U.S. banks โ a big deal!
๐๐ข๐ ๐๐ง๐ฏ๐๐ฌ๐ญ๐จ๐ซ๐ฌ ๐๐ซ๐ ๐๐๐ญ๐๐ก๐ข๐ง๐
โธ Analyst Squire notes that CME Group is launching XRP futures in May 2025, and there are whispers of a BlackRock XRP trust.
โธ Rippleโs new stablecoin RLUSD has hit a $300M market cap, and theyโve even bought Hidden Road, a broker that moves $10B+ daily.
โธ All signs show XRP is becoming part of the big league.
๐๐จ๐งโ๐ญ ๐๐ ๐ ๐จ๐จ๐ฅ๐๐ ๐๐ฒ ๐ ๐๐จ๐ซ๐ข๐ง๐ ๐๐ก๐๐ซ๐ญ
โธ Some say XRP is โdeadโ because it moves slowly โ but this is often when smart investors buy quietly.
โธ If XRP breaks above $2.30, many believe it could turn bullish again.
For now, XRP may look quiet โ but itโs likely just loading for its next big move.
