XRP’s critical price point: Currently valued at 2,677 USD, XRP is approaching a crucial resistance level of 3 USD. With approximately 272 million USD in short positions at risk of liquidation, a surge above this point could trigger significant market movements.
Liquidation pressures by Binance: Intensified trading activity on platforms like Binance highlights the urgency of the situation. Key liquidation clusters exist between 2,688 USD and 2,778 USD, raising concerns among traders that a breakout may lead to a sharp increase in XRP prices.
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