🟢 $XRP Short Liquidation — $29.812K at $1.2565
XRP just delivered a sharp signal as nearly $29.8K in short positions were liquidated around $1.2565. This suggests aggressive sellers were caught on the wrong side of the move, creating fuel for a potential continuation if buyers maintain control.
📍 Support: $1.24–$1.25
🧱 Resistance: $1.27–$1.29
🎯 Next Target: $1.30, followed by $1.33 if momentum expands
If XRP holds above $1.25 and buying volume continues to strengthen, another short squeeze could develop quickly. A clean breakout above $1.29 would make the bullish structure more convincing.
💡 Pro Tip: Don’t chase the candle after a liquidation spike. Watch the $1.25 area for confirmation and manage risk with a defined stop-loss.
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