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XRP Surges Beyond $1.25 As $6M In Shorts Get Wiped: What's Going On?
XRP (CRYPTO: XRP) surged to $1.27 Monday, breaking decisively out of the June descending triangle as $6.07 million in short positions got liquidated in 24 hours.
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coindesk.com
XRP price: Ripple-linked token climbs 4% to $1.18 as traders test next resistance zone
XRP extended its rebound from recent lows on the strongest buying activity in weeks, with institutional flows and ETF demand supporting a push toward the $1.20 level.
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XRP price: Ripple-linked token up 8% in first major breakout since June selloff
Heavy volume pushed XRP through multiple resistance levels, with traders now focused on whether the rally can extend toward $1.30 after weeks of defensive positioning.
