🧭 XRP LEVERAGE LANDSCAPE – PAST 7 DAYS
The latest Coinglass chart reveals the distribution of open leveraged positions on XRP – highlighting price zones that could trigger significant volatility if tested. The current price is marked at 🔺 $3.613.
📊 WHAT THE DATA SHOWS
🔹 Red line: Total open Long positions – at risk if price drops
🔹 Blue line: Total open Short positions – at risk if price rises
🔹 Vertical bars: Represent leverage concentration by price zone (not already-liquidated positions)
👉 This is a risk map showing where the market may react strongly if price moves into those zones.
🔥 KEY RISK ZONES
📍 $3.32 – $3.38: A dense cluster of open Longs. If price drops into this area, it could trigger a wave of liquidations.
📍 $3.65 – $3.72: Many Shorts remain unliquidated. A breakout above this range may lead to a short squeeze and sharp upside.
📍 Below $3.30: Long exposure increases → losing this level could deepen downside momentum.
📈 PRICE ACTION & OUTLOOK
🔻 Below $3.613: Significant Longs still active → potential selling pressure if price declines
🔺 Above $3.613: Shorts become increasingly exposed → price move above $3.65 could trigger forced buying
💡 SCENARIO PREVIEW
➡️ Break above $3.65: Could spark a short squeeze and strong bullish momentum
➡️ Drop below $3.32: May lead to Long liquidations and short-term bearish pressure
⚠️ REMINDER
🔸 This is not a chart of past liquidations
🔸 It shows open positions – helping identify price zones where liquidation risks are high
📍 Source: Coinglass – real-time data
