Markets· ★★★· neutral·

XRP back at $1.32 after brief dip below $1.30 as $300M in longs liquidated

  • —XRP traded between $1.28 and $1.32, down 14.1% over 30 days
  • —Over $300 million in XRP longs were liquidated; long/short ratio fell to 0.71
  • —Market cap near $83 billion against $1.4 billion in 24-hour turnover
  • —Key dates: Fed on Oct 28, escrow release Nov 1, XRPL upgrade Nov 4
Why it matters: Thin order books leave XRP exposed to sharp swings, with the Fed decision and escrow release set to steer the next week.
Source: CryptoTicker