๐ $XRP Long Liquidation โ Whatโs Next? ๐
๐ฅ Liquidation Alert: $24,355K at $2.4187 XRP trader who placed long positions (expecting the price to go up) just got liquidated at $2.4187! This means the prise dropped quickly, forcing many traders out of the market. But is this just a shakeout before a big move? Letโs find out! Whatโs Next for $XRP XRP
๐ Current Market Situation: Large liquidations often cause panic, but also create buying opportunities. If XRP finds strong support, we could see a quick recovery. ๐ Technical Analysis: Support Zone (Buy Zone): $2.30 - $2.40 Resistance Levels: $2.50, $2.65, $2.80 Trend: Volatile but potential for rebound XRP Trading Plan โ Buy Zone: $2.30 - $2.40 (Ideal entry for long-term buyers) ๐ฏ Target Levels: 1๏ธโฃ First Target: $2.50 2๏ธโฃ Second Target: $2.65 3๏ธโฃ Final Target: $2.80+ ๐ Stop-Loss: $2.25 (To protect from more downside) Final Thoughts If XRP holds above $2.40, bulls could take it back to $2.50+ soon. Breaking $2.50 with strong momentum could lead to a rally! If XRP drops below $2.25, a deeper correction may happen. ๐ Will XRP bounce back or dip further? Stay sharp and trade wisely! Let me know your thoughts! #XRPETFIncoming? $XRP
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๐ $XRP Long Liquidation โ Whatโs Next? ๐
๐ฅ Liquidation Alert: $24,355K at $2.4187
XRP trader who placed long positions (expecting the price to go up) just got liquidated at $2.4187! This means the prise dropped quickly, forcing many traders out of the market. But is this just a shakeout before a big move? Letโs find out!
Whatโs Next for $XRP
XRP
๐ Current Market Situation:
Large liquidations often cause panic, but also create buying opportunities.
If XRP finds strong support, we could see a quick recovery.
๐ Technical Analysis:
Support Zone (Buy Zone): $2.30 - $2.40
Resistance Levels: $2.50, $2.65, $2.80
Trend: Volatile but potential for rebound
XRP Trading Plan
โ Buy Zone: $2.30 - $2.40 (Ideal entry for long-term buyers)
๐ฏ Target Levels:
1๏ธโฃ First Target: $2.50
2๏ธโฃ Second Target: $2.65
3๏ธโฃ Final Target: $2.80+
๐ Stop-Loss: $2.25 (To protect from more downside)
Final Thoughts
If XRP holds above $2.40, bulls could take it back to $2.50+ soon.
Breaking $2.50 with strong momentum could lead to a rally!
If XRP drops below $2.25, a deeper correction may happen.
๐ Will XRP bounce back or dip further? Stay sharp and trade wisely! Let me know your thoughts!
#XRPETFIncoming?
$XRP