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Crypto

XRP Price Under Pressure Amid Heavy Long Liquidations

Guavy AI Editorial Team
Instruments
XRP
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XRP's price has been under intense pressure following a sharp market decline that forced many leveraged long positions out of the market.

The decline was marked by a large wave of long liquidations, with high-leverage retail traders being forced to close their positions as the market moved lower.

Crypto analyst EGRAG CRYPTO has identified $1.65 as a key level for XRP's price, and reclaiming it could be crucial for the market structure to start changing.

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