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XRP

XRP Short Liquidation at $3.14 Signals Short-Squeeze Upside

I note that $55.9K of XRP short positions were liquidated at $3.14, which points to short-squeeze driven bullish pressure in the near term.

I view the liquidation as a confirmation of buying interest but the size is moderate, so I would watch for volume and follow-through before committing large exposure.

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Analysis

Short liquidations remove bearish leverage and can accelerate rallies; $55.9K is meaningful but not decisive by itself, so the move needs higher-than-average volume and price follow-through to indicat...

Recommendation

I would consider a small buy or add on confirmed follow-through, keep position sizing conservative, and place a tight stop — scale up only if volume and price action validate the move.

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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