$XRP Bulls Strike Back!
🔹 $60.1K Short Liquidated at $1.441!
The market just delivered a major blow to
$XRP bears, with a massive $60.1K short position getting wiped out at the key level of $1.441.
This liquidation signals a strong wave of bullish momentum driving XRP higher, leaving shorts scrambling to cover losses.
🔹 What’s fueling the rally?
Institutional Interest: Increased adoption and renewed confidence in XRP's utility in cross-border payments.
Market Sentiment: Traders are riding the broader crypto upswing, with XRP leading the charge.
Technical Breakout: Breaching the $1.44 level suggests a solid move toward the next resistance zone at $1.50.
🔹 What's Next?
If $XRP sustains above $1.44, bulls could push for a retest of higher resistance zones, potentially targeting $1.50-$1.55 in the short term.
However, expect increased volatility as the market seeks direction.
Traders, Are You Ready?
Bulls have the momentum, but the battle isn’t over yet.
Keep your eyes on volume and key levels as the action unfolds.
XRP: The Beast is Awakening!
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