🚨 $XRP Liquidation Alert: $5.47K Shorts Liquidated at $2.3846 🚨

Ripple ($XRP) just flexed its muscles! A $5,466 short liquidation at $2.3846 shows that bulls are stepping up, putting heavy pressure on the bears. Is this the start of a major rally? Let’s dive in and map out the next move!

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What’s Happening?

Liquidation Insight: This liquidation shows that sellers were overwhelmed as buyers pushed higher. If momentum continues, $XRP could see more upside action.

Market Sentiment: Bullish strength is building, but a pullback might offer a better entry for latecomers.

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Key Levels to Watch for $XRP

1️⃣ Buy Zone: $2.3000–$2.3500 (ideal range for dip buying).

2️⃣ Resistance (Target):

Short-term: $2.5000

Medium-term: $2.6000

3️⃣ Stop Loss: Place at $2.2800 to protect against unexpected reversals.

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Price Action Scenarios

🔼 Bullish Case:

If $XRP holds above $2.3800 and breaks $2.4000 with strong volume, it could aim for $2.5000 or even $2.6000 in the coming sessions.

🔽 Bearish Case:

If fails to hold $2.3500, it might revisit the $2.3000 zone before making its next move.

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Trading Strategy

Conservative Approach: Wait for to break above $2.4000 with confirmation before entering.

Aggressive Approach: Accumulate in the $2.3000–$2.3500 zone with targets at $2.5000 and $2.6000, keeping a stop loss at $2.2800.

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⚠️ Trade Wisely: Always manage your risk and use proper position sizing, especially in a volatile market like crypto.

Is XRP preparing for a run to new highs? Stay sharp and be ready to ride the Ripple wave! 🌊🚀

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