$XRP Short Liquidation Alert: $52.1K at $2.672
Today, XRP saw a significant liquidation of a short position worth $52.1K, triggered at the price of $2.672.
This indicates strong market movement and potential for further volatility in the near term.
What’s Next for $XRP ?
Watch for Support and Resistance Levels: If XRP holds above the $2.60 mark, it could aim for a breakout.
However, if we see a dip below, expect possible consolidation or retracement.
• Bullish Momentum: If the market stays strong, $XRP could push higher, targeting the $2.80-$3.00 range.
• Caution for Short-Term Traders: Be mindful of potential pullbacks, as liquidations can create sharp price swings.
• Strategy: Consider keeping an eye on the $2.60 to $2.80 levels.
Secure profits if price action turns sideways or weakens.
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