#xrpetf

Resistance Shattered : XRP Reclaims Lost Ground

In a constantly buzzing crypto market, XRP has stood out with a rare large-scale movement.

Within a few hours, the breakout of the resistance at $0.57 and a massive wave of liquidations disrupted the balance of power.

This dual event, combining buying pressure and selling capitulation, brings XRP back into the spotlight.

XRP breaks through a major technical resistance by exceeding $0.57, marking a decisive turning point for the asset.

Positions on XRP were liquidated, revealing a strong 69 % imbalance in the derivatives market.

The breakout of resistance triggered a wave of hedging buys, amplifying the initial rise in XRP’s price.

Maintaining momentum will depend on volume’s ability to sustain the bullish pressure observed in the market.