$XRP triggered a short liquidation of $2.44K at $2.8375, showing strong bullish momentum forcing sellers out.

Support & Resistance:

Support: $2.78

Resistance: $2.89

Market Outlook:

Short liquidations often fuel rallies as sellers get squeezed. If $XRP holds above $2.78, bulls may attempt a breakout beyond $2.89, eyeing the $3.00 zone.

Trade Setup:

Buy Entry: $2.80 – $2.84

Target Zone: $2.89 – $3.00

Stop Loss: Below $2.76

Watch closely: A close above $2.89 could confirm bullish continuation into the $3+ territory.

XRP

1.6658

-4.16%

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