XRP Traders See 6-Month High Liquidation, Price Falls Under $2 | Airdrop Alert Pro

XRP once reached the edge of the highest level of the new history, and recently drawn a two -month low. This transformation occurs under the general loser market conditions, leading to a large amount of liquidation of XRP holders.

Sudden decline caused huge losses, and traders are now facing the turbulent market environment.

XRP traders face huge losses

XRP traders are facing the largest liquidation within six months because Altcoin is less than $ 2. During the day, long -term liquidation soared to $ 64 million, highlighting the rapid exit of traders. This surge in liquidation reflects the growing fear and uncertainty in the market.

As a result, a large amount of liquidation may hinder the future supporting XRP from futures market. Many bullish merchants are forced to close their positions, which may affect the development of market emotions. Price dynamics and huge sales have further increased The pressure of XRP recoveryEssence

With the intensification of panic sales, the profit of XRP holders soared to $ 1.5 billion. After the decline in price decline, investors turn to profit, and worry that if XRP cannot recover, they are worried about additional losses. Large profit events further exacerbated the decline of XRP, thereby strengthening the uncertainty of its recent price trajectory.

Promoting profit activities The recovery process of XRP, Especially when some investors choose to transfer to stable assets. However, this behavior also reflects cautious optimism, because traders may show signs of waiting for stability before entering the market. This dynamics will play a key role in the next step of XRP.

XRP price prediction: next merger?

XRP has already It has fallen 17 % in the past 24 hours, and the transaction price is $ 2.38. When the price fell 38 % to $ 1.77, the biggest loss occurred at the dated low point. This sharp decline indicates an important market volatilityAs investors are not sure of the recent future of the coins.

At present, XRP is hovering at the key support of $ 2.18 and faces the resistance of $ 2.73. Historically band Some time. Anyone in these two levels is very important.

if XRP can be recycled $ 2.73 as support, it will have the opportunity to rise by $ 2.95. Successful violations of this resistance will invalidate the current prospects and pave the way for potential recovery.