XRP Jumps 4.7% to $1.35 as $3.6M in Shorts Liquidate Ahead of XRPL Upgrade
- —XRP traded between $1.29 and $1.35, nearing resistance at $1.35–$1.38
- —Shorts accounted for about $3.6 million of the $4.4 million in liquidations
- —The fixCleanup3_4_0 amendment activates October 23 without native lending
- —A break above $1.38 targets $1.42; below $1.32, support sits at $1.29
Why it matters: The XRPL upgrade and short squeeze may extend the rebound, but sustained gains depend on demand holding above $1.35.
Source: Coinpaper