$XRP Short Liquidation Alert: $8.695K at $2.1372
A surge in XRP just liquidated $8.7K worth of short positions at $2.1372 — a powerful move that signals potential for a breakout. This unexpected liquidation might be the early sign of strong bullish momentum building up beneath the surface.
Technical Analysis: $XRP /USDT
Current Price Zone: $2.13 (recent liquidation level)
Market Sentiment: Bullish Bias (triggered by short squeeze)
Buy Zone
Primary Entry Zone: $2.02 – $2.13
Secondary Dip Entry: $1.92 – $2.00 (only if price retests lower support)
These zones represent high-probability accumulation levels. The recent liquidation flush may have cleared weak shorts, allowing for a fresh move upward.
Targets
Target 1: $2.38 – psychological resistance
Target 2: $2.56 – multi-week high
Target 3: $2.80 – breakout level from long-term structure
If momentum sustains, $2.80 becomes a magnet, where macro sellers may step in again.
Stop Loss
Suggested Stop Loss: Below $1.89
This sits under the secondary dip zone and confirms the invalidation of bullish structure if breached.
Conclusion
The $8.7K short liquidation at $2.1372 is more than just a number — it’s a trigger. A signal that $XRP might be entering a high-energy zone. With buyers possibly gaining control, the setup becomes thrilling for those watching closely. This is a calculated battlefield where patience and precision will determine the victor. Let the market unfold, but stay two steps ahead.