XRP Price Prediction: Bear Trap or Breakout as Shorts Pile Up?
XRP is teetering on a symmetrical triangle breakdown, but massive short leverage and rising accumulation suggest a potential squeeze. ETF inflows hit a 2026 high, creating a tug-of-war that could ignite a rapid move.
XRP is staring down the barrel of a potential bear trap. Despite a symmetrical triangle pattern screaming downside, a staggering $227 million in short liquidations is stacked against just $118 million in recent ETF inflows. This setup is a powder keg, with traders betting heavily on a breakdown.