🚨 $XRP — DERIVATIVES RESET IN PROGRESS
$XRP has pulled back toward $1.43 after a nearly 70% two-week rally toward $1.70.
💥 More than $20M in long positions were liquidated, while net buyer volume dropped to around -$96M. Open Interest above $3.4B also points to heavy positioning and overcrowding.
📌 Critical Support: $1.40
🟢 Holding $1.40 could allow XRP to stabilize and rebuild momentum.
🔴 A clean break below $1.40 could trigger a deeper correction.
💰 Fund inflows remain strong, reportedly near $1.62B, keeping the bigger picture interesting.
⚠️ After such a sharp rally, volatility can remain extreme. Wait for confirmation around $1.40.
#XRP #Ripple #CryptoTrading #Altcoins
$XRP has pulled back toward $1.43 after a nearly 70% two-week rally toward $1.70.
💥 More than $20M in long positions were liquidated, while net buyer volume dropped to around -$96M. Open Interest above $3.4B also points to heavy positioning and overcrowding.
📌 Critical Support: $1.40
🟢 Holding $1.40 could allow XRP to stabilize and rebuild momentum.
🔴 A clean break below $1.40 could trigger a deeper correction.
💰 Fund inflows remain strong, reportedly near $1.62B, keeping the bigger picture interesting.
⚠️ After such a sharp rally, volatility can remain extreme. Wait for confirmation around $1.40.
#XRP #Ripple #CryptoTrading #Altcoins
