XRP Faces Potential Volatility Amid Tight $3-$3.10 Liquidation Zone and High Leverage Pressure

Key Points

1. XRP's price is confined within a narrow range of $3 to $3.10, where nearly $30 million in leveraged bets are at risk.

2. High leverage concentration in this zone, confirmed by Binance’s XRP/USDT liquidation heatmaps, shows thick bands of stop-losses clustered between $3.05 and $3.10.

3. A broader one-month timeframe reveals additional liquidation clusters: a significant short liquidation zone near $3.67 and vulnerable long positions below $3.00.

4. The tight leverage pressure in this zone makes it a high-risk area for traders, potentially leading to forced moves and cascading effects.

5. The current liquidation zone represents a critical juncture that could reshape XRP’s short-term market trajectory.