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Ripple (XRP) Price Forecast: Will $55M Leverage Support Prevent Breakdown to $2.50?
Yahoo Finance· 2025-10-10 05:28
Ripple price tumbled 3%, trading as low as $2.78 on October 9, mirroring the broader market downturn as Bitcoin’s pullback from all-time highs sparked cascading liquidations. The correction dragged XRP below the $3 psychological support, but trading data from derivatives exchanges indicates that bulls are aggressively covering positions to prevent deeper losses. According to Coinglass’ Liquidation map, which tracks active leverage positions deployed at key price levels, short traders dominated XRP activity ...