$XRP Short Liquidation Alert: A staggering $6,060.90 worth of short positions has been liquidated at the pivotal price level of $2.1424, lighting a fire under the market!
This event showcases the relentless bullish momentum propelling $XRP higher, leaving short sellers scrambling as their positions are forcibly closed.
Such liquidations often act as a catalyst for even greater upward moves, creating a snowball effect of buying pressure.
What This Means:
Bullish Dominance: The $2.14 zone is proving to be a stronghold for bulls, with bears unable to withstand the surge.
Short Squeeze in Action: The forced closure of shorts adds to the buying frenzy, pushing prices even higher.
Market Buzz: #XRP continues to capture traders’ attention, with increasing bets on a sustained rally.
Key Levels to Watch:
Resistance on the Horizon: $2.16 – A breakout above this could open doors to new multi-year highs.
Support Zone: $2.12 – Holding this level is critical for maintaining the upward trajectory.
Volume Surge:
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