$XRP P Update: Major Short Liquidation at $2.155!
A $219K short position was just liquidated at $2.155,
signaling strong bullish momentum in XRP. This move shows buyers are dominating, and sellers are getting squeezed.
What’s Next for XRP?
1. Key Levels to Watch:
Support: $2.10 – Holding this level keeps the bullish structure intact.
Resistance: $2.20 – A breakout here could open the door to $2.50 and beyond.
2. Bullish Signs:
Liquidations like this often spark short squeezes, leading to rapid price surges.
Momentum and volume are favoring the bulls.
3. Potential Risks:
Failure to stay above $2.10 could lead to a correction. Watch for retests before committing to new positions.
Trader’s Plan
Entry: Look for pullbacks near $2.10 or a confirmed breakout above $2.20.
Stop-Loss: Place stops just below $2.05 to manage risk.
Take-Profit: Scale out at key levels like $2.50 or higher if momentum continues.
XRP is heating up fast—stay alert and trade with a plan! The bulls are charging!
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