$XRP Short Liquidation: Bears Wiped Out as Bulls Take Charge!

The XRP market just erupted, leaving short sellers shattered as an enormous $1,704.9K worth of short positions were liquidated at $2.4338! In a matter of moments, those betting against XRP were forced to buy back, accelerating the uptrend and sending shockwaves through the market.

What Just Happened?

Short sellers thought they had control, but the market had other plans! This massive liquidation event triggered a short squeeze, forcing traders to cover their positions, which pushed the price even higher.

• Short Squeeze Mayhem: As liquidations piled up, it created a surge in demand, fueling more price gains.

• Bullish Takeover: Buyers rushed in, taking advantage of the situation and driving XRP past key resistance levels.

• Whale Power: Big players might have engineered this move, trapping overleveraged shorts and causing maximum pain for bearish traders.

📈 What’s Next for $XRP

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With shorts liquidated and momentum shifting, where does XRP go from here?

• Buy Target: If this rally continues, XRP could push toward $2.60 - $2.75, with strong upside potential.

• Sell Target: If profit-taking sets in, support could be found around $2.30 - $2.35, giving bulls a chance to reload before the next move.

Will XRP Break Out to New Highs?

With a market shake-up this intense, the next move could be explosive! Are bulls preparing for another leg up, or will sellers fight back?

Your Call: Are you going long or short? Share your thoughts in the comments!