XRP Bounces Off $3 Despite Surge in Crypto Liquidations
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XRP (XRP) dropped by nearly 6% yesterday and is retreating by another 1% today but as the crypto market has taken a breather from last week’s bullish price action.
A strong bounce off the $3 could favor a bullish XRP price prediction. However, $883 million worth of long positions in the crypto market were wiped out yesterday as the downturn flushed out some excess leverage.
Data from CoinGlass shows that, in the past 12 hours, liquidations have…
