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XRP

XRP Short Liquidation Signals: Monitor for Upside Momentum

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Analysis

The report notes a short position liquidation on XRP around the $3.051 level, indicating short-covering pressure and the potential for a near-term price bounce. Such liquidations can trigger short-ter...

Recommendation

Recommendation: Monitor XRP for a confirmed breakout above short-term resistance with robust volume. If price sustains above the $3.20–$3.30 range, consider adding a cautious long exposure aligned wit...

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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