June 19 (Cointime) - The writer's opinion is presented and it is not financial, investment, trading, or other types of advice. XRP has gained 9.1% in the past 48 hours and $467.40k worth of short positions have been liquidated.
XRP's bullish trend has continued and it is approaching a key resistance level, with on-chart indicators suggesting that bulls may flip the level to support.
Market sentiment leans slightly towards bulls and shorts have suffered significant losses. These price moves by market speculators could lead to more gains for XRP in the mid/long-term.
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