XRP’s 2.60 USD level – Here’s why altcoin’s short sellers may be at risk

The 2.60 USD level for XRP is critical due to heavy short positions. Market makers might exploit this concentration, which raises the risk of a short squeeze, pushing XRP’s price significantly higher if it breaks through this level.

Short sellers should be cautious, as a rise in XRP’s price could lead to forced buybacks, amplifying their losses. Traders must evaluate market conditions before taking HIGH-risk short positions, especially near critical price levels.