$XRP Long Liquidation Alert – Market Shakeout?
A notable $7.01K long liquidation just occurred around $1.4379, which suggests that overleveraged long positions were forced out of the market. These liquidation events often create short-term volatility and can trigger quick liquidity grabs before the market decides its next direction.
When longs get wiped, price sometimes dips slightly to hunt more liquidity, then rebounds as selling pressure weakens.
Potential Trade Idea (If volatility continues):
📍 Entry Zone: $1.40 – $1.43
🛑 Stop Loss: $1.36 (below recent support to avoid noise)
🎯 Take Profit Targets:
• TP1: $1.48
• TP2: $1.55
• TP3: $1.62
Why this setup?
The liquidation suggests weak longs have been flushed out. If buyers step back in near support, XRP could attempt a short-term recovery toward the next resistance levels.
Stay patient and trade smart.
$XRP #PredictionMarketsCFTCBacking #TrumpNewTariffs
