Cointime

Download App
iOS & Android

XRP Records 9.1% Gains in 48 Hours, $467.40k Worth of Short Positions Liquidated

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.

XRP
Comments

All Comments

Recommended for you

  • APT falls below $9

    according to market data, APT has fallen below $9 and is currently trading at $8.99, with a 24-hour decline of 4.26%. The market is volatile, so please be prepared for risk control.
  • APT breaks through $9

    market data shows that APT has broken through $9 and is now trading at $9.01, with a 24-hour decline of 5.26%. The market fluctuations are significant, so please be prepared for risk control.
  • BTC breaks through $70,000

    according to the market, BTC has broken through $70,000 and is now trading at $70,023.32. The 24-hour decline is 3.12%, and the market is fluctuating greatly. Please be prepared for risk control.
  • AVAX breaks through $25

    the market shows that AVAX has broken through $25 and is now reporting at $25.01, with a 24-hour drop of 3.25%. The market is volatile, so please manage your risks.
  • BTC breaks through $69,500

    the market shows that BTC has broken through $69,500 and is currently reported at $69,505.86, with a 24-hour decline of 3.97%. The market is fluctuating greatly, so please be prepared for risk control.
  • ETH falls below $2,500

    market shows ETH has fallen below $2,500 and is currently trading at $2,499.4, with a 24-hour decline of 5.17%. The market is volatile, so please be prepared for risk management.
  • BTC falls below $69000

    BTC has fallen below $69000, with a current price of $68979.9. The 24-hour decline has reached 4.49%, indicating significant market volatility. Please exercise risk control.
  • BTC falls below $69500

    The market shows that BTC fell below $69,500 and is now trading at $69,486, with a 24-hour drop of 3.97%. The market is volatile, so please do a good job of risk control.
  • Bloomberg ETF Analyst: XRP ETF may be the next exchange-traded fund product to be launched

    Bloomberg ETF analyst James Seyffart forwarded market news on X platform, stating that during the Bitcoin 2024 conference, Discover Crypto CEO Joshua Jake was interviewed and he said that XRP ETF could be the next possible exchange-traded fund product to launch.
  • Why is XRP price up today?

    Key factors driving XRP's price upward today are hopes of spot XRP exchange-traded funds in the U.S. and increased accumulation by whales.