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XRP’s $2.60 level – Here’s why altcoin’s short sellers may be at risk

AMBCrypto LogoAMBCrypto14h ago

XRP’s $2.60 level – Here’s why altcoin’s short sellers may be at risk - AMBCrypto

Quick Summary:

XRP's $2.60 level is becoming a battleground, with short sellers at risk of liquidations.

A decisive price move above $2.60 could trigger momentum traders, shifting market sentiment in favor of buyers and fueling a more pronounced price surge.

The looming threat of a short squeeze underscores the importance of carefully evaluating liquidation levels and overall market conditions.

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XRP’s $2.60 level – Here’s why altcoin’s short sellers may be at risk - AMBCrypto (Picture 1)XRP’s $2.60 level – Here’s why altcoin’s short sellers may be at risk - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Samantha LKM

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-12 @ 20:00:07 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 563 words

Reading Time: 4 minutes read

Sentences: 31 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 25088603

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 18 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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The story "XRP’s $2.60 level – Here’s why altcoin’s short sellers may be at risk" has 563 words across 31 sentences, which will take approximately 3 - 5 minutes for the average person to read.

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The story "XRP’s $2.60 level – Here’s why altcoin’s short sellers may be at risk" was covered 14 hours ago by AMBCrypto, a news publisher based in United States.

How trustworthy is 'AMBCrypto' news outlet?

AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 18 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #25088603
  • URL: https://beamstart.com/news/xrps-260-level-heres-why-17367123557734

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