#StopLossStrategies

$XRP P JUST GOT DECIMATED!

$9.33 MILLION in Longs LIQUIDATED at $1.9004 – Absolute Chaos!

BOOM. In one of the most brutal liquidation events we've seen in a while, $XRP just wiped out a staggering $9.33 MILLION in long positions as the price plunged to $1.9004. Overleveraged bulls? Completely obliterated.

This wasn’t just a minor dip…

This was a nuclear-level long squeeze, and the aftermath is still unfolding.

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Here’s What Went Down:

Liquidation Type: Long

Amount Lost: $9,337,800

Trigger Price: $1.9004

Sentiment Shift: From ultra-bullish to full-blown panic

What It Means:

A massive stop-loss chain reaction — as soon as $1.90 was breached, long positions were flushed out instantly.

Whales might have orchestrated the dump to reload at cheaper prices.

A possible capitulation wick is forming — this could mark a short-term bottom if buyers step in.

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Levels to Keep an Eye On:

Support Zone: $1.85 – $1.90 (Potential bounce or further bleed)

Recovery Targets:

TP1: $2.00 (Psychological level)

TP2: $2.12 (Previous supply zone)

Breakdown Risk:

If the price falls below $1.85, expect a potential waterfall drop towards $1.70+.

Stay alert — the market is in full swing, and volatility is the name of the game.