XRP Breaks Key Resistance, Liquidation Imbalance Hits 69% as Price Rises

The cryptocurrency market witnessed a significant price surge for XRP, with the asset breaking through a key resistance level and triggering a substantial liquidation imbalance. In the last 24 hours, $4.08 million in XRP positions were liquidated, according to data from CoinGlass. This surge was primarily driven by long traders, as they suffered losses amounting to $2.60 million.