Earlier this month, the crypto market experienced one of the largest liquidation events ever recorded. In just a few hours, over $19 billion in leveraged positions were wiped out — sending shockwaves across all major exchanges.
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as hit particularly hard during this wave, dropping sharply before bouncing back with equal force. The move caught many traders off guard, showing just how unpredictable and volatile this market can be.
But here’s the interesting part — despite this extreme volatility, such shakeouts often pave the way for strong bullish reversals. Historically, #XRP has shown remarkable resilience after major washouts like this one.
So, while short-term pain may continue, this phase could be setting the stage for the next big move.
Stay sharp, manage your risk, and don’t let emotions drive your trades — because the real move might just be around the corner.