$XRP Short Liquidation Alert
Price: $1.0483
Support:
• $1.0350
• $1.0200
• $1.0000
Resistance:
• $1.0600
• $1.0800
• $1.1000
Next Target: A breakout above $1.0600 could push $XRP toward the $1.0800–$1.1000 range.
Analysis:
A $20.443K short liquidation signals notable buying pressure, forcing bearish positions to close. If XRP holds above key support, the short squeeze could extend toward higher resistance levels.
Trading Plan:
Watch the $1.0600 resistance level. A confirmed breakout may signal bullish continuation, while a pullback toward $1.0350 support could provide a better entry.
Risk: Medium
#South Korean chipmakers face dividend pressure #BTC tests key resistance #MARA reports Q2 loss
