$XRP Liquidation Alert: Long positions worth $90.9K were liquidated at $2.508. Here’s the breakdown:
Key Highlights:
Massive Liquidation: $XRP reached $2.508, triggering a large liquidation of $90.9K in long positions.
Bearish Sentiment: The sharp drop suggests a shift in market sentiment, with increasing selling pressure.
Volatility Surge: The liquidation highlights potential instability, with price action likely to remain unpredictable.
Next Move:
Short-Term Strategy: Watch $2.40 for critical support. A breakdown below could lead to further downside, targeting $2.20.
Risk Management: Tight stop-loss orders are essential, and look for possible rebound signs around $2.50.
Stay cautious and ready for market shifts!
