$XRP recorded a major short liquidation of $27.061K near $1.2461, showing that leveraged sellers were forced out as price moved higher. This makes the $1.24-$1.25 region an important reaction zone. Initial support sits around $1.2350-$1.2450, while stronger support is near $1.2150. Resistance stands around $1.2550-$1.2700. A breakout above $1.2700 could shift momentum toward $1.3000 as the next target. If price fails to hold $1.2350, another test of lower support remains possible. Current bias: bullish above $1.2350.
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