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**XRP Long Positions Crushed: $5.02K Liquidated Amid Price Drop to $2.1743** A sudden sell-off in the XRP market triggered a wave of liquidations, erasing $5,021.50 in leveraged long positions as prices tumbled to $2.1743. Traders betting on an upward surge found themselves trapped in a downward spiral, exacerbating the drop as forced selling intensified. ### **Key Drivers of the Sell-Off** - **Overleveraged Bets**: Bulls piled into long positions anticipating a breakout, only to face a sharp reversal. - **Cascading Liquidations**: The initial dip forced margin calls, prompting rapid sell-offs that deepened losses. - **Whale Activity**: Large players may have exploited the volatility, accumulating XRP at discounted levels during the chaos. ### **Implications for XRP** - **Strategic Shakeout?**: Was this a coordinated flush of weak hands to prime the market for a rally? - **Retail Exodus vs. Whale Accumulation**: Are smaller traders being sidelined while institutions build positions? - **Momentum Shift**: Does the liquidation signal fading bullish sentiment, opening the door to further declines? ### **What Comes Next?** - **Dead Cat Bounce?**: Could short-covering or dip-buying fuel a temporary rebound? - **FOMO Revival?**: Will renewed buying pressure push XRP past critical resistance levels? - **Extended Downtrend?**: Is this the start of a deeper correction before stabilization? ### **Navigating the Volatility** Leverage magnifies risk—swift price moves can wipe out positions in minutes. With liquidations mounting and market uncertainty peaking, XRP’s next move remains highly volatile. **Your Move**: Are you seizing the dip, awaiting clearer signals, or steering clear? Share your tactics below!#Xrp🔥🔥
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**XRP Market Update: Neutral Bias with Bullish Technical Signals** **Market Overview** XRP is currently trading at **$2.54**, reflecting a **2.14% gain** over the past 24 hours amid a neutral broader market trend. Technical indicators present mixed signals: the Relative Strength Index (RSI 14) and momentum oscillators remain **neutral**, while moving averages lean **bullish**, suggesting underlying buying pressure. **Key Metrics** - **_Market Cap:_** $147.5 billion (+2.14%) - **_24-Hour Volume:_** $5.87 billion (+38.27%) - **_Circulating Supply:_** 57.94 billion XRP **Technical Outlook** A **symmetrical triangle pattern** dominates XRP’s chart, signaling consolidation with a potential breakout imminent. Critical levels to monitor: - **Support:** $2.43 (price floor for bullish momentum) - **Resistance:** $2.59 (breakout threshold for upward acceleration) **Price Projections** Analysts highlight uncertainty in short-term forecasts, noting that XRP’s trajectory may hinge on **market sentiment**, **regulatory developments**, and **macroeconomic trends**. While some anticipate volatility, consensus underscores the importance of monitoring the triangle pattern’s resolution. **Risk Considerations** Cryptocurrencies remain highly volatile, and XRP’s price could shift rapidly based on news or market shifts. Investors are advised to: - Conduct independent research, - Diversify data sources, - Stay alert to real-time updates. *Always exercise caution and adapt strategies to evolving market dynamics.*$XRP
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**Trump Proposes U.S. Crypto Reserve Strategy, Names XRP, SOL, and ADA in Campaign Pledge** In a recent post on Truth Social, former U.S. President and presumptive Republican nominee Donald Trump outlined his vision to bolster America’s role in the cryptocurrency sector, vowing to counter what he called the Biden administration’s “years of corrupt attacks” on digital assets. Trump claimed his administration would establish a “U.S. Crypto Reserve” to strengthen the industry, specifically naming cryptocurrencies XRP, Solana (SOL), and Cardano (ADA) as part of a proposed “Crypto Strategic Reserve.” He stated, “My Executive Order on Digital Assets will direct the Presidential Working Group to advance this initiative, ensuring the U.S. becomes the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!” The announcement positions cryptocurrency policy as a key campaign issue, with Trump framing his approach as a corrective to the Biden administration’s regulatory crackdowns. While details remain unclear, the post signals Trump’s intent to leverage crypto innovation as part of his broader economic agenda ahead of the 2024 election. Analysts note that Trump’s explicit endorsement of specific cryptocurrencies marks a shift in his public stance, having previously criticized digital assets during his presidency. The move aligns with recent efforts by Trump’s campaign to appeal to crypto-focused voters and donors. The Biden campaign has yet to respond to the remarks.#USCryptoReserve
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Binance announced its 11th HODLer Airdrop project: **GoPlus Security (GPS)**. The token will be listed on March 4, 2025 (13:00 UTC) with trading pairs like USDT, BNB, and others. Users who held BNB in Simple Earn or On-Chain Yields between **Feb 19–24, 2025** qualify for free GPS tokens (300 million total). Rewards will appear in Spot accounts 1 hour before trading starts. **Key Details:** - **Total Supply:** 10 billion GPS. - **Circulating at Launch:** 1.8 billion (18.1%). - **Extra Rewards:** 400 million GPS via future campaigns. - **Eligibility:** Hold BNB in qualifying products during the snapshot period. The program rewards BNB holders retroactively—no need to lock funds long-term. Rewards are calculated using past hourly snapshots. More info on distribution will be shared within 12 hours.#GPSAirdropOnBinance
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According to PANews, Japan's publicly listed firm Metaplanet has invested 2.021 billion yen (roughly $1,344 USD) to purchase an additional 156 Bitcoin. With this move, the company’s total Bitcoin holdings have now reached 2,391 BTC. (Note: The USD conversion appears inconsistent with Bitcoin’s current market value. 156 BTC at today’s prices would equate to millions of dollars, suggesting a potential error in the reported USD figure. Double-checking the source or currency conversion rates is advised.) #BTC
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