#xrp crypto market witnessed an XRP short liquidation worth $9.4981K at $2.1195, marking a critical event for traders.

What Happened?

Short sellers were forced to close positions as XRPprice unexpectedly surged, triggering a cascade of buy orders and amplifying the bullish momentum.

Why It Matters:

1. Strong Price Action: XRP surge to $2.1261 highlights robust bullish sentiment.

2. Market Sentiment: Liquidations suggest traders underestimated this rally, possibly fueling more upward movement.

3. Potential Breakout: Sustained momentum may lead XRP to test new resistance levels.

Key Levels to Monitor:

Support: $1.90 - $2.00

Resistance: $2.20 - $2.30

Buy Zone: Pullbacks around $2.00

Stop Loss: Below $1.85

Targets: $2.30, $2.50, $2.75

Stay informed, and trade wisely.