📊 XRP: Approaching a Key Zone — Short Squeeze Likely Above 2.95
XRP is currently trading around $2.87, right at a critical transition zone — with flushed-out Longs below and a heavy buildup of Shorts above. The liquidation map suggests the market may be quietly setting up for a sharp move.
📉 Longs cleared out — little support below
From $2.53 to $2.85, the Long liquidation curve (in red) steadily declines, indicating that most leveraged buyers have already been washed out. This suggests the market has cleared weak Longs, and if price drops below $2.85, there’s little support left, making a deeper slide likely.
📈 Shorts piling up — squeeze risk rising
Between $2.90 and $3.18, multiple large Short clusters are forming. The cumulative Short liquidation line (in green) is surging, showing bearish sentiment growing — but this also sets the stage for a strong short squeeze if XRP breaks above $2.95. The zone from $3.03 to $3.18 could trigger a chain reaction as Shorts scramble to exit.
📌 Summary: XRP leans bullish if it clears 2.95
– Below current price, there’s no strong Long support.
– Above, Shorts are highly exposed — vulnerable to a squeeze.
– A breakout above $2.95 could drive XRP rapidly toward $3.15–3.18.
🚨 Suggested Strategy:
Watch closely near $2.95. If XRP breaks out with momentum, consider entering Longs. If price drops below $2.83 without a quick recovery, it may be safer to stay out and avoid a deeper flush.
