🚨 *$*XRP LONG SQUEEZE ALERT — $363K WIPED OUT!**
XRP traders just witnessed a significant liquidation event. A massive $363K worth of long positions was forced out at $1.138, showing how quickly bullish leverage can turn into selling pressure.
This is a notable liquidation compared with the smaller positions often seen in the market. The key question now: will XRP stabilize, or will sellers push for another liquidity sweep?
📊 **Liquidation Breakdown**
- Asset: XRP (Ripple)
- Liquidated Position: Long
- Total Liquidation: $363,000
- Liquidation Price: $1.138
📍 Current technical context: XRP is showing short-term bearish momentum, with RSI near oversold territory. Borearis +1
⚡ My Trading Bias: Bearish Until Recovery
* Bearish confirmation: Break below $1.1000.
* Downside targets: $1.0875 → $1.0770.
* Recovery trigger: Reclaim $1.1450.
* Bullish targets: $1.1635 → $1.1750.
Final Signal: XRP sellers currently have the advantage, but oversold conditions could produce a sharp relief bounce. Watch the $1.10–$1.14 battle closely.
#BitcoinFiveWeeklyLosses #AIChipSlumpNasdaq #TradFiForBeginners #JobsReportRaisesHikeOdds #CPITestsDecemberRateOutlook
XRP traders just witnessed a significant liquidation event. A massive $363K worth of long positions was forced out at $1.138, showing how quickly bullish leverage can turn into selling pressure.
This is a notable liquidation compared with the smaller positions often seen in the market. The key question now: will XRP stabilize, or will sellers push for another liquidity sweep?
📊 **Liquidation Breakdown**
- Asset: XRP (Ripple)
- Liquidated Position: Long
- Total Liquidation: $363,000
- Liquidation Price: $1.138
📍 Current technical context: XRP is showing short-term bearish momentum, with RSI near oversold territory. Borearis +1
⚡ My Trading Bias: Bearish Until Recovery
* Bearish confirmation: Break below $1.1000.
* Downside targets: $1.0875 → $1.0770.
* Recovery trigger: Reclaim $1.1450.
* Bullish targets: $1.1635 → $1.1750.
Final Signal: XRP sellers currently have the advantage, but oversold conditions could produce a sharp relief bounce. Watch the $1.10–$1.14 battle closely.
#BitcoinFiveWeeklyLosses #AIChipSlumpNasdaq #TradFiForBeginners #JobsReportRaisesHikeOdds #CPITestsDecemberRateOutlook