XRP Price Crash Warning: Profitable Traders Load Up 2.1M XRP In Short Positions
Not investment advice. Muhabbit scores how much a story may matter, not which way to trade.
XRP has dropped about 10% since a prominent trader’s bearish call targeting roughly $0.99, with the token trading near $1.19 and needing another 17% decline to reach that level, according to Santiment. The setup would be invalidated if XRP closes above $1.36. Profitable traders have added 2.1 million XRP in short positions, reinforcing the bearish positioning. The token’s recent slide and the accumulation of shorts matter because they signal that traders who have been on the right side of prior moves expect further downside. Watch whether XRP can hold below $1.36 and whether the added short interest gets rewarded with a move toward the $0.99 target.
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Named in this story
XRP (XRP), Santiment
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