A $6.15K short liquidation at $1.5275 indicates aggressive upside pressure and forced short covering. This is one of the stronger bullish liquidation signals in the tape.
🎯 Support: $1.49 — $1.53
🚧 Resistance: $1.56 — $1.60
🚀 Next Targets: $1.64 → $1.70
As long as $XRP holds above $1.49, buyers may attempt another push toward $1.60. A decisive breakout above $1.60 could create a larger short squeeze toward $1.64 and beyond. Losing $1.49 would weaken the bullish thesis.
🔥 VIP WATCH: $1.60 breakout is the major trigger.
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