🚨#XRP

$XRP Liquidation Alert: $5.47K Short Liquidated at $2.3846 🚨

Ripple ($XRP) just showed its strength! The liquidation of a $5,466 short at $2.3846 shows that bulls are on the rise, putting immense pressure on bears. Is this the start of a major rally? Let’s dive in and map out the next steps!

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What Happened?

Liquidation Insights: This liquidation shows that sellers are overwhelmed as buyers push higher. If the momentum continues, $XRP could see more upside action.

Market Sentiment: Bullish strength is building, but a pullback may offer a better entry for new entrants.

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Key Levels to Watch for $XRP

1️⃣ Buy Zone: $2.3000–$2.3500 (ideal range for buying on dips).

2️⃣ Resistance (Target):

Short term: $2.5000

Medium term: $2.6000

3️⃣ Stop Loss: Place at $2.2800 to protect against unexpected reversals.

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Price Action Scenario

🔼 Bullish Case:

If $XRP sustains above $2.3800 and breaks $2.4000 with strong volume, it can target $2.5000 or even $2.6000 in the coming sessions.

🔽 Bearish Case:

If it fails to sustain at $2.3500, it may return to the $2.3000 zone before making the next move.

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Trading Strategy

Conservative Approach: Wait for a break above $2.4000 with confirmation before entering.

Aggressive Approach: Accumulate in the $2.3000–$2.3500 zone with targets at $2.5000 and $2.6000, keep stop loss at $2.2800.

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⚠️ Trade Wisely: Always manage your risk and use proper position sizing, especially in a volatile market like crypto.

Is XRP set to hit new highs? Stay alert and get ready to ride the Ripple wave! 🌊🚀#BinanceAlphaAlert#USJoblessClaimsFall#MarketPullback#Fed25bpRateCut #PENGUOpening