$XRP Long Liquidation Alert: $10,044 at $2.1197
A heavy liquidation wave just hit XRP, wiping out over $10K in long positions at the critical level of $2.1197. This sudden flush signals potential volatility ahead — but also unveils a lucrative opportunity for sharp-eyed traders.
Technical Analysis & Trade Setup
Current Outlook:
$XRP has shown strength in recent weeks, attempting to break out from major resistance zones.
However, the recent long liquidation at $2.1197 indicates that over-leveraged positions are being flushed out.
This often signals a healthy reset before the next leg up — or a major reversal.
Buy Zone (Accumulation Area):
$1.82 – $1.95
This zone offers a solid accumulation opportunity as it's near the previous breakout structure and psychological round levels. Wait for signs of stabilization or bullish confirmation (like bullish divergence or candle reclaims).
Targets:
Target 1: $2.10 – Retest of liquidation zone and immediate resistance
Target 2: $2.28 – Breakout continuation, strong weekly resistance
Target 3: $2.58 – High timeframe resistance from 2021
Target 4 (Extension): $2.85 – If momentum carries, XRP could retest long-term highs
Stop Loss:
Below $1.77
A clean invalidation level under key support. If price closes below this zone on the 4H or Daily chart, bulls are likely losing control, and further downside could follow.
Summary:
The recent $10K long liquidation at $2.1197 suggests a high-stakes moment for XRP. While many were shaken out, smart traders can treat this as a signal of opportunity. If $XRP holds the $1.82 zone and builds momentum, it could explode back toward the $2.28–$2.85 levels. Use tight risk management, watch volume, and don’t chase. The market just gave you a second chance — make it count.