🔻 $XRP Bulls Hit as Long Positions Get Flushed

A $1.185K long liquidation at $1.0273 signals that leveraged buyers were forced out as price moved lower. While the liquidation size is relatively small, it reflects weakening short-term momentum and warns traders to watch key support levels closely.

Support: $1.015–$1.020

Resistance: $1.040–$1.055

🎯 Next Target: $1.000 if support fails. A strong recovery above resistance could shift momentum back toward $1.080.

Pro Tip: Long liquidations often create sharp volatility. Avoid catching falling prices without confirmation. Wait for a clear bounce from support or a breakout above resistance, and always use a stop-loss to manage risk.

The next move depends on whether buyers can reclaim control or sellers continue to pressure the market.$XRP #USDC supply and transaction growth #Microsoft expands India cloud/AI infrastructure #CLARITY Act vote delayed #MARA Q2 loss amid Bitcoin decline #Coldcard wallet security flaw