$XRP Long Liquidation Breakdown!
🔴 XRP Long Liquidation:
Liquidated Amount: $5.35K
Liquidation Price: $2.0912
Market Insight:
Longs got flushed near a key intraday support. This kind of liquidation often happens when price fails to hold a demand zone and weak hands exit. Selling pressure absorbed liquidity, but XRP is still holding structure above major higher-timeframe support.
Next Move Expectation:
If price reclaims above $2.10, a short-term bounce is likely. Failure to reclaim may lead to another sweep lower before reversal.
Targets:
TG1: $2.13
TG2: $2.18
TG3: $2.25
Pro Tip:
Wait for confirmation above the liquidation level before entering longs. Let the market show strength first.
XRP
2.0466
-2.31%