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XRP,ADA Are Breaking Out, But One CEO Is Not Convinced

XRP At Triangle Apex With Shorts Getting Squeezed

XRP is grinding higher at $1.4268 pressing against the apex of a symmetrical triangle that has been compressing since February’s $1.13 lows. Volume surged 27.50% to $3.94 billion as serious capital rotates in.

Open Interest sits at $2.61 billion while the Binance Long/Short ratio reads 2.2637, meaning longs outnumber shorts significantly across both retail and top trader accounts.

The 24-hour liquidation data shows $2.96 million shorts liquidated versus $1.61 million longs. Shorts are getting squeezed as price pushes higher, building a bullish liquidation cascade quietly.

Supertrend at $1.3150 and SAR at $1.3471 both sit comfortably below…

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