XRP Price Halts Near $2.30 as $564B in Liquidation Leverage Remains Untriggered

Despite recent stability, XRP’s price has paused near $2.30 with over 564 billion USD worth of liquidation leverage remaining untriggered at the key $2.00 level. This suggests potential for volatility if there is a sudden change in sentiment. Market activity remains cautious, with trading confined to a narrow range between $2.24 and $2.31. Recent data shows decreasing liquidations, indicating a shift towards more cautious trader behavior. 564 billion USD of untriggered liquidation leverage at the $2.00 mark highlights the potential for future price swings if triggered. This accumulation could act as a catalyst for volatility if bearish pressure increases.