๐งญ XRP LEVERAGE LANDSCAPE โ PAST 7 DAYS
The latest Coinglass chart reveals the distribution of open leveraged positions on XRP โ highlighting price zones that could trigger significant volatility if tested. The current price is marked at ๐บ $3.613.
๐ WHAT THE DATA SHOWS
๐น Red line: Total open Long positions โ at risk if price drops
๐น Blue line: Total open Short positions โ at risk if price rises
๐น Vertical bars: Represent leverage concentration by price zone (not already-liquidated positions)
๐ This is a risk map showing where the market may react strongly if price moves into those zones.
๐ฅ KEY RISK ZONES
๐ $3.32 โ $3.38: A dense cluster of open Longs. If price drops into this area, it could trigger a wave of liquidations.
๐ $3.65 โ $3.72: Many Shorts remain unliquidated. A breakout above this range may lead to a short squeeze and sharp upside.
๐ Below $3.30: Long exposure increases โ losing this level could deepen downside momentum.
๐ PRICE ACTION & OUTLOOK
๐ป Below $3.613: Significant Longs still active โ potential selling pressure if price declines
๐บ Above $3.613: Shorts become increasingly exposed โ price move above $3.65 could trigger forced buying
๐ก SCENARIO PREVIEW
โก๏ธ Break above $3.65: Could spark a short squeeze and strong bullish momentum
โก๏ธ Drop below $3.32: May lead to Long liquidations and short-term bearish pressure
โ ๏ธ REMINDER
๐ธ This is not a chart of past liquidations
๐ธ It shows open positions โ helping identify price zones where liquidation risks are high
๐ Source: Coinglass โ real-time data
