Ripple XRP Faces Heavy Short Pressure – Here Is Why $1.67 and $1.11 Matter

Ripple's cryptocurrency, XRP, is currently experiencing significant short selling pressure in the market, which raises important questions about its price levels. Specifically, the critical price points of $1.67 and $1.11 are crucial for investors and traders to monitor. These levels may indicate potential resistance and support for XRP, influencing its future price trajectory and volatility. Understanding the reasons behind this short pressure and the significance of these price thresholds can provide valuable insights for those looking to engage with XRP in the current market environment. source: https://blocknews.com/ripple-xrp-faces-heavy-short-pressure-here-is-why-1-67-and-1-11-matter/