$XRP XRP Shorts Liquidated – $53.6K Wiped Out at $2.437!
A total of $53,600 in short positions on XRP has been liquidated at $2.437, highlighting growing bullish strength. This suggests that sellers underestimated the momentum, leading to forced exits as price action pushed higher.
If XRP maintains this trend, further upside potential is on the table. However, traders should be prepared for potential pullbacks before another breakout attempt. Monitoring volume and key price levels will be essential for the next move.
Crucial Levels to Watch:
Support: $2.38 - $2.42
Resistance: $2.50 - $2.55
A strong breakout above resistance could accelerate gains, while a dip may offer a strategic entry for buyers. Stay prepared and trade wisely.
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