$XRP Short Liquidation: $66.7K at $1.586
$66.7K Short Position Liquidated at $1.586 – The #XRP market just saw a short squeeze, with shorts getting liquidated at $1.586, creating a surge in price action.
Market Insights:
• Support Level: Watch for a potential retest around $1.55 for a solid entry.
• Resistance: Keep an eye on $1.65 for possible resistance as the price moves higher.
• Next Move:
If the price pulls back to $1.55, it could be an opportunity for long positions.
Alternatively, a breakout above $1.65 could signal a continuation to the upside.
Always monitor for volatility and manage risk!
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