Massive Liquidation Alert!
A $166K short position was liquidated at $2.309 for $XRP , signaling strong buying pressure and a possible bullish breakout ahead.
Key Levels to Watch:
Support: $2.25 – $2.30
Resistance: $2.35 – $2.40
Suggested Trading Strategy:
If $XRP holds above $2.309, consider buying as momentum could push it toward $2.35 and beyond.
However, if it drops below $2.25, this could indicate a bearish pullback—be cautious and reassess for potential shorting opportunities.
Next Move:
Monitor volume and market sentiment closely. A breach of $2.40 could trigger a significant rally. Keep stop-losses tight to manage risk effectively.
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