$XRP Long Liquidation just hit BIG
Liquidation Amount $3,669
Liquidation Price $2.2260
What Happened
A sudden drop below $2.2260 caused a massive liquidation of $3.6K in long positions
Traders who were betting on further gains got caught in a sharp price reversal triggering liquidations across the board
Market Insights
Trigger A swift decline below key support led to panic selling and forced liquidations.
Impact A potential shift in market sentiment with more downside risk as the liquidation cascade continues
Whale Moves Possible sell-offs by large holders or bearish market conditions may have initiated the downturn
What’s Next
For Long Traders: Watch for a potential re-entry point if $2.20 acts as new support.
For Short Traders Opportunities to capitalize on continued downward pressure could be ahead.
Critical Levels to Watch
Support $2.20 and $2.10 are key levels for a potential bounce.
Resistance Keep an eye on $2.2260 for a potential upside breakout.