XRP Price Faces Intense Liquidation Pressure as Bulls Eye Key Resistance Level
XRP's price has been impacted by heavy long liquidations as high-leverage retail positions were cleared during the market decline.
The $1.65 level is now a key focus for XRP, with EGRAG CRYPTO identifying it as a potential turning point in the market structure.
XRP open interest has returned to pre-dump levels, indicating that traders are entering the next stage after a period of heavy position clearing.