$XRP Long Liquidation Shockwave!
$50,800 in long positions wiped out as #XRPUSD_PERP plunges to $2.377!
The bulls were caught off guard as the price dropped hard, sending shockwaves through the market.
Could this be the start of a deeper correction, or just a temporary dip?
Key Levels to Watch:
Resistance: $2.40 - $2.50
Support: $2.30 - $2.20 (Critical to hold)
Market Sentiment:
This brutal liquidation highlights the volatile nature of XRP.
With long positions being destroyed, the market sentiment has shifted, and traders are now bracing for more volatility.
Will $XRP find support and rally back, or is more downside coming?
What’s Next for $XRP ?
With liquidation pressures mounting, $2.20 becomes a key support zone to watch.
Can the bulls reclaim control, or is the correction just beginning?
Stay alert, this could get intense!
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