$XRP Short Liquidation: $13.211K at $1.9255
Short sellers on $XRP were forced to cover as price pushed higher, triggering a heavy short liquidation. Bears failed to defend the level, and forced buying added strong fuel to the upside move.
Liquidation Type: Short
Liquidated Amount: $13.211K
Liquidation Price: $1.9255
EP: $1.9100
TP: $1.9600 → $2.0200
SL: $1.8850
Market Outlook:
This sizable short liquidation confirms buyers in control above the recent range. As long as price holds above the liquidation zone, upside momentum remains active with room for continuation toward higher resistance. Minor pullbacks are healthy, but overall structure favors the bulls.
Pro Tip: After big short liquidations, wait for a pullback into support. Discipline beats chasing fast moves every time.
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