$XRP Liquidation Alert: Bulls Lose Ground!
$63.3K Longs Liquidated
Price Rejected at $2.453
A sharp sell-off in $XRP caught long positions off guard, driving a significant liquidation wave.
The rejection at $2.453 underscores a critical resistance level where sellers took control.
What’s Next for $XRP ?
• Key Support Zone: $2.40 is the immediate level to defend. If this fails, a drop to $2.35 is on the cards.
• Upside Target: Bulls need a decisive push above $2.46 to regain momentum toward $2.50+.
Market Signals:
Volume has dropped, indicating hesitation—wait for a clear breakout or breakdown.
• Strategy Insight: Cautious traders might consider observing the $2.40 level before entering new positions.
Breakout traders should focus on moves above $2.46 with strong volume confirmation.
Stay ready for action—XRP is in a tight zone, and the next move could define its short-term trajectory!
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