🚀$XRP is setting up a potential short-squeeze

XRP is trading around the $3.00 mark, while inflows to the exchange are increasing again — signaling that many investors are preparing to sell if the price surpasses this level. At the same time, short positions currently dominate (~$1.6B), while long positions are only about $784M. If XRP bounces back suddenly, the short liquidation could trigger a strong short-squeeze, pushing the price up to around ~$3.40.

👉Selling pressure from whales is decreasing

On-chain data shows that whales have significantly reduced the amount of tokens sent to exchanges since early August — a positive signal for the upward trend as large selling pressure is weakening.

✨Important technical breakout levels: $3.30 and $3.45

- The $3.08–$3.30 range is the current decisive technical level. If the price surpasses this range, the likelihood of a short liquidation occurring increases.

- The $3.45 level is seen as a confirmation threshold for a long-term breakout — surpassing it could lead XRP to shift into a stronger upward trend.