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XRP

XRP Short Squeeze at $3.09 Points to Short-Term Bullish Momentum

I see XRP's short position liquidations of $81.4K at $3.094 as a clear short-squeeze event that pushed buying pressure into the market.

I expect short-term bullish momentum but also elevated volatility; I’m managing size and using stops rather than chasing a full-size position immediately.

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Analysis

The liquidation of $81.4K in shorts at $3.094 indicates renewed buying pressure and a potential short-term continuation as trapped shorts cover. This can amplify upside moves but also produces sharp, ...

Recommendation

I would take a measured buy stance: scale into positions on follow-through or mild pullbacks, set a clear stop below nearby support, and trim into strength to lock profits—manage position size due to ...

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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