$XRP Short Squeeze: $124K Liquidated at $1.224!
XRP bulls just scored big with a $124,000 short liquidation at $1.224, pushing bearish positions to the brink.
This move showcases strong bullish momentum as XRP inches closer to reclaiming higher levels, signaling increased market confidence in the token's performance.
What’s Next for $XRP ?
Bullish Scenario:
Sustained buying pressure could propel XRP toward the key resistance at $1.25 and beyond, potentially targeting $1.30 if momentum continues.
Bearish Scenario:
A pullback from current levels may test support near $1.20 or $1.18 before another push higher.
Keep a close eye on $1.25. If XRP breaks this level with volume, it could mark the start of a significant rally.
However, caution is advised as resistance zones may trigger profit-taking.
Bulls have the upper hand, but volatility looms!
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