Analyst: XRP Is Coiled For A Short Squeeze Rally

Description

A growing number of technical signals suggest that XRP may be on the verge of a short squeeze, according to prominent crypto analyst CryptoInsightUK. In a post on X, the analyst highlighted key on-chain and derivatives data, painting a picture of dense liquidity stacked above current price levels, rising open interest, and a structure that resembles previous pre-squeeze conditions. XRP Short Squeeze Incoming? “Liquidity on the hourly is interesting,” CryptoInsightUK wrote, emphasizing what he de...