$XRP Just Flashed a Warning Shot: $1.94K Shorts Liquidated at $2.2427
The bears just took a hit — XRP short liquidations worth $1.9475K were triggered at $2.2427, a level that may mark the beginning of a stronger bullish wave.
Technical Analysis & Key Levels:
$XRP has shown resilience after piercing through major resistance zones. The liquidation point at $2.2427 is not just a number — it's a signal that sellers are being squeezed, and momentum may be shifting in favor of the bulls.
Buy Zone:
$1.85 to $2.10
This range offers a high-reward entry, where XRP may retest before gathering strength for the next leg up.
Targets:
Target 1: $2.45
Target 2: $2.82
Target 3 (Mid-term): $3.30
These levels align with Fibonacci extensions and psychological resistances from past market structure.
Stop Loss:
Place it just below $1.75
This keeps risk minimal while staying below strong support and invalidation territory.
Market Insight:
With increasing volume, a history of sudden breakouts, and now liquidations beginning to stack up, $XRP could be entering the kind of volatility phase that brings massive moves. If bulls can hold above the $2 mark, this may just be the ignition point toward a multi-week rally.
Caution:
Always manage risk. A failed hold below $1.75 could lead to a slide toward $1.55–$1.60 zone.