$XRP Longs Crushed! $79.6K Liquidated at $2.590 What’s Next for the Ripple Army?
The market just delivered a sharp shakeout, wiping out over $79,600 in long positions as XRP dipped below the key $2.59 mark. This liquidation flush has injected fresh volatility into the market — and traders are now watching for the next big move.
📉 Current Outlook:
After breaking below $2.59, XRP is testing critical demand zones as leveraged longs get cleaned out. Bulls are fighting to reclaim momentum, but volume suggests bears are still pressing their advantage.
📊 Key Levels to Watch:
Support: $2.48 — if lost, the next defense stands at $2.32, where buyers previously stepped in with strong volume.
Resistance: $2.62 — reclaiming this level could ignite a rally toward $2.78, opening the door to $3.00 psychological resistance.
🎯 Next Market Target:
If XRP reclaims $2.62 with conviction and increasing volume, expect a breakout wave targeting $2.85–$3.00. But failure to hold above $2.48 could send it tumbling toward $2.30, resetting bullish momentum.
Market Insight:
This liquidation event may be the final shakeout before a larger move, as liquidity pools above $2.80 remain attractive for whales. Watch closely a strong bounce from support could flip the narrative fast.
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