XRP has seen a significant price surge, fueled by a massive market squeeze. With over $634 million in liquidations across the crypto market—73% of which were short positions—XRP bears have been hit particularly hard, accounting for nearly 81% of local losses on the asset.

Key Takeaways:

• The "Max Pain" Zone: The primary liquidation level for large short sellers sits at $1.3095.

• Current Status: XRP’s recent climb to ~$1.08 has brought the price within 20% of that critical $1.30 mark.

• What’s Next: Analysts suggest a brief period of consolidation or a slight pullback to the $1.065 support level is likely. If this support holds, it could provide the momentum needed for a medium-term push toward the $1.30 target.