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XRP Faces $617M Short Squeeze Trigger Between $1.30 and $1.31

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XRP Faces $617M Short Squeeze Trigger Between $1.30 and $1.31

XRP could see a sudden price increase if it breaks above a major cluster of short liquidations between $1.30 and $1.31. Currently, XRP changes hands at $1.2926, but data from the Coinglass Liquidation Heatmap shows approximately $617.7 million in short liquidation leverage concentrated between $1.30545 and $1.31023 on Binance's XRP/USDT derivatives market.

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