A notable short liquidation suggests bearish positions are being squeezed as buyers regain control. XRP is holding above a key demand zone, keeping the short-term structure constructive. If momentum continues, a breakout above resistance could trigger another impulsive move. Watch volume closely for confirmation before expecting acceleration.
Support: $1.06
Resistance: $1.10
Next Target: $1.15
As long as support remains intact, the probability favors bullish continuation. Stay disciplined and wait for confirmation instead of chasing.
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