XRP Faces $2.7B Liquidation Wall Near $0.98 as Price Tests $1.50
- —$2.7B liquidation cluster sits near $0.98 on the XRP/USDT heatmap
- —XRP trades near $1.50, down 7.4% over 24 hours
- —Liquidity zones above the market at $1.80 and $2.00 are smaller
- —XRP previously bounced from $0.978 to nearly $1.70 in August
Why it matters: A large liquidation pool below the market raises the risk of a sharp drop if the $1.50 support breaks.
Source: The Crypto Basic