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by: xpoolPosted on: April 26, 2025

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.

Related posts:

  1. Could XRP Outperform Ethereum and Solana in the Next Crypto Rally?
  2. XRP Price Faces Pressure at $2: What to Expect?
  3. Coinbase and Crypto Exchanges Accumulating XRP: A Sign of Strategic Positioning?
  4. XRP Futures Interest Soars 32%, Driven by Institutional Engagement
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