$XRP market has just witnessed an intense short squeeze, with $1.41M worth of short positions liquidated as XRP surged to $2.5284.
This spike highlights the explosive volatility in the crypto market, driven by growing momentum and trader optimism.
What's fueling the rally?
1. Market Sentiment: Renewed interest in XRP as adoption and regulatory clarity appear to improve.
2. Technical Breakout: XRP breaking key resistance levels, triggering a wave of liquidations.
3. Whale Activity: Significant buy volumes suggest major players are backing the surge.
What's next?
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