XRP price is currently approaching a crucial $2 liquidation zone with rising short pressure, indicating a potential short squeeze.
Analysts suggest that a clean sweep at $2 could trigger a fresh price rally for XRP, as it aligns with a key liquidity zone.
The liquidation of long positions and a simultaneous increase in Open Interest hint at a possible short squeeze if the price reverses from the current level.
Some market experts predict a bullish run for XRP with a price forecast of hitting an all-time high of $46 by September 2025, expecting significant price increases in the near term.