$XRP saw a significant long liquidation of $180K at $2.292, signaling a sharp decline in price that caught traders off guard.
This could suggest a reversal or a pullback, especially after the recent bullish momentum.
Entry Point:
Look for an entry around $2.20, as the price may attempt to stabilize before continuing its trend.
Stop Loss:
Place a stop loss around $2.10 to limit potential losses if the price breaks lower.
Target 1: $2.50 – A potential resistance level if $XRP gains bullish momentum again.
Target 2: $2.70 – A higher target if the market sentiment remains positive.
Target 3: $3.00 – If the price continues to push upward and breaks through resistance, this could be the next major target for $XRP.
Traders should stay cautious and monitor the broader market trends as they affect $XRP price action.
