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XRP

XRP Long Liquidated — $145K Loss at $3.099

I had a leveraged long in XRP that was liquidated for $145,000 when the price hit $3.099.

This loss highlights how quickly leverage and tight risk management can fail in a volatile crypto like XRP.

I’m pausing to reassess position sizing, lower leverage, and wait for clearer support before considering re-entry.

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Analysis

Leverage amplified the downside as XRP slipped through critical levels near $3.10; forced liquidations are common in volatile markets, so look for confirmed support and reduced leverage before re-ente...

Recommendation

Do not chase rebounds. Watch price action, cut leverage, use conservative stops, and consider buying only on confirmed weakness or clear support.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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