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XRP Price Plummets to 11-Week Low Amidst Increased Short Positions and Liquidations

XRP Price Plummets to 11-Week Low Amidst Increased Short Positions and Liquidations

XRP Price Today: Long Traders Lose $21.8M as Token Falls 9.4% to $1.18
XRP Price Today: Long Traders Lose $21.8M as Token Falls 9.4% to $1.18

XRP fell 9.4% to $1.18 as liquidations reached $22.59 million, with long positions accounting for 96.6% of the total.

Why Is the XRP Price Down to an 11-Week Low Today?
Why Is the XRP Price Down to an 11-Week Low Today?

The asset is down by over 9% on a 24-hour scale.

XRP Price Drops 5% to $1.23 with $12.67M in Positions Liquidated
XRP Price Drops 5% to $1.23 with $12.67M in Positions Liquidated

XRP fell 5.46% to $1.23 as traders face $12.67 million in liquidations, while whale holdings increased by 60 million tokens.

Ripple Price Analysis: XRP Rejected at Key Resistance Again – Is $1.00 Next?
Ripple Price Analysis: XRP Rejected at Key Resistance Again – Is $1.00 Next?

XRP had recovered toward $1.34 after briefly dipping near $1.20 last week before it dumped to $1.26 minutes ago, with the latest push lifting the token above the upper boundary of its short-term...

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