#Layer1公链普涨
Short selling liquidation alert!
XRP short position was liquidated
Liquidation amount: $54,500
Trigger price: $2.706
This liquidation shows strong buying power, possibly catching short sellers off guard.
Such situations often lead to a significant increase in market volatility.
What’s next?
If buyers remain strong, XRP may challenge the next resistance level at $2.75.
If the buying momentum cannot be sustained, it may pull back to the support level at $2.68.
Operational suggestions:
• Momentum traders: Wait for confirmation of a price breakout above $2.72 before entering long positions.
• Conservative investors: Be patient, either wait for a breakout confirmation or wait for the price to return to a lower level before trying again.
Keep a close eye on the market; it's about to get lively!
