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XRP

XRP Long Liquidated at 3.25 — Wait for Confirmed Support

I had my XRP long liquidated at an average price of 3.2493, wiping out exposure of $58,013 — the position was managed by our bots at bpay_group.

This liquidation highlights excessive leverage and fragile support around the 3.25 level; price momentum turned against the long position quickly.

I will avoid re-entering until I see confirmed support and will lower leverage and tighten stop-loss rules to prevent a repeat.

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Analysis

Liquidation indicates the long was over-leveraged and price lacked nearby support, producing swift downside momentum; this suggests heightened short-term risk for XRP.

Recommendation

Don't buy now — wait for clear support or trend reversal, reduce leverage, and enforce stricter stop-losses before considering re-entry.

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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