$XRP Bulls Crushed!
A massive $423K long position just got wiped out at $2.832, signaling extreme volatility in the market! Leverage traders feeling the heat!
📉 What’s Next?
This liquidation hints at weaker bullish momentum in the short term.
If XRP fails to hold key support around $2.75-$2.80, a retracement toward $2.50 could be in play.
However, if buyers step in aggressively, a bounce back toward $3.00+ remains possible.
Strategy Alert:
Breakout traders: Wait for confirmation above $2.85-$2.90 before longing.
Short-term scalpers: Watch for a liquidity grab near $2.75 for potential quick gains.
Risk Management: Given current volatility, tight stop-losses are a must!
👉 Stay sharp, trade smart! 🚀
#XRP #CryptoTrading #Liquidations #CryptoSignals