XRP Liquidation Imbalance Hits 2,008% as Price Slides to $1.27
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XRP Crashes Toward $1.30 as $300M in Bullish Bets Vanish Overnight
XRP fell toward $1.30 after a failed breakout near $1.39. Over $300 million in long liquidations intensified selling pressure. Bears target $1.26 support as momentum indicators remain weak. XRP has lost momentum at a critical moment. After attempting a move toward $1.40 earlier this week, sellers stepped in and quickly reversed the rally. The decline accelerated as liquidations spread across the futures market, wiping out hundreds of millions in…
XRP Liquidation Imbalance Hits 2,008% as Price Slides to $1.27
XRP dropped 3.09% to $1.27 early Saturday, triggering $7.92 million in liquidations and a 2,008% imbalance favoring long positions. CoinGlass data shows the bulk of losses were concentrated in bullish bets. Read the original on XRP Liquidation Imbalance Hits 2,008% as Price Slides to $1.27. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
XRP experienced $7.92 million in liquidations in the last 24 hours; losses in long positions reached $7.55 million, and the imbalance reached 2.008%. Support, funding, and position data are in our news report.
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