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XRP’s Next...
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TronWeekly

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XRP’s Next Move: Will $1.90 Hold or Short Positions Be Liquidated?

  • Ripple's XRP price movements are crucial, with a potential $2.62 rebound possibly triggering a $20.5M short position liquidation.
  • Analysts view XRP's current fluctuations as 'noise,' with a potential double-bottom formation at the $1.90 level signaling a bullish reversal.
  • XRP's trading range mirrors past cycles, moving between $2.00-$2.26, showing no major deviations despite market shifts.
  • The potential liquidation of $20.5 million in short positions adds excitement to XRP's future, while staying below the critical support level may lead to pessimism among investors.

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