$XRP Market Shake-Up
Major Long Liquidation Spotted!
An $158K long position was liquidated as $XRP fell to $1.535, signaling heavy bearish pressure.
This liquidation suggests that buyers may have overextended, leaving the coin vulnerable to further downside.
What’s Happening?
Liquidations of this size often trigger caution among bulls.
Weak demand at this level could lead to more sellers stepping in, intensifying the downward move.
However, key supports might spark a recovery if the selling slows.
Next Possible Scenarios
• Bearish: A breach below $1.520 could see #XRP retrace to $1.480-$1.450.
• Bullish: If buyers regain control and push above $1.550, the next target could be $1.580.
• Pro Insight:
Watch for high volume near the $1.520 support zone. If it holds, it may offer a strong bounce opportunity.
Keep stops tight in this volatile environment.
Momentum is shifting—play your cards wisely!
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