The post This $244,000,000 Trading Signal Kept XRP Below $3 in March 2025 appeared on BitcoinEthereumNews.com.

XRP remained anchored around the $2.35 mark for most of Thursday, March 27. Over the past 30 days, traders have deployed nearly $400 million in short-leveraged positions, preventing XRP from breaking key resistance levels. How will XRP price react in April 2025? Ripple (XRP) Stagnates at $2.35 as Traders Remain Reluctant to Sell Ripple (XRP) has delivered notable gains over the past week, largely driven by the US Securities and Exchange Commission (SEC)’s decision to drop charges against Ripple. Many market participants expected a sharp correction following the 10% rally on Monday, assuming large investors would trigger a “sell-the-news” event. However, sustained bullish sentiment, coupled with fresh volatility from Trump’s 25% auto tariff announcement, has helped XRP maintain stability. Ripple (XRP) Price Analysis | March 27 | Source: Coinmarketcap Market data from CoinMarketCap indicates that Ripple price briefly dipped to $2.30 before rebounding to $2.35 at press time. This intraday recovery suggests strong buying support at current levels. $244 Million XRP Short Leverage Cluster Emerges at $2.60 as Bears Look to Avert $3 Breakout While spot market sentiment has remained optimistic, XRP derivatives data signal stiff resistance clusters that could impede further price gains. Coinglass liquidation data highlights a notable discrepancy between short and long leverage positions. Over the past 30 days, bears have placed $404 million in short-leveraged positions—30% more than the $283 million in active long positions. The most significant concentration of these short positions, totalling $244 million, is clustered around the $2.60 level. Ripple (XRP) 30-day Liquidation Map, March 27 | Coinglass This high volume of short positions at $2.60 may explain why XRP has struggled to breach this resistance level, despite strong fundamental catalysts such as the SEC dropping its case against Ripple. Whenever XRP price approaches $2.60, an influx of sell orders from leveraged short…

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Filed under: News - @ March 28, 2025 10:27 am