Key Notes

Bulls concentrate $55 million in leveraged positions near $2.7, representing 58% of all active long contracts to prevent further decline.

XRP liquidations totaled only $17 million compared to Bitcoin's $188 million, showing traders covered positions rather than facing forced exits.

Technical analysis reveals a double-bottom pattern forming between $2.6-$2.8 with potential rally to $3.6 if $3.1 resistance breaks.

Ripple XRP $2.80 24h volatility: 3.5% Market cap: $167.36 B Vol. 24h: $5.39 B price tumbled 3%, trading as low as $2.78 on October 9, mirroring the broader market downturn as Bitcoin’s pullback from all-time highs sparked cascading liquidations. The correction dragged XRP below the $3 psychological support, but trading data from deriv

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