XRP Is Coiled Under $1.51—And $47 Million in Shorts Are on the Line

XRP has entered a prolonged consolidation phase, trading sideways beneath a key resistance zone. The muted price action is not random. Derivatives data suggest a heavy concentration of short contracts is capping upside attempts.

This resistance wall has created tension in the market, highlighting the question of whether XRP can trigger a short squeeze or remain suppressed below $1.50.

XRP Is Facing a Wall

Futures market data and liquidation heatmaps highlight a critical level near $1.51. At that price,…