XRP (CRYPTO: XRP) surged to $1.27 Monday, breaking decisively out of the June descending triangle as $6.07 million in short positions got liquidated in 24 hours. Descending Triangle Breaks Out With Volume Exploding 129% XRP pushed through $1.14, then $1.18, and reclaimed $1.20 on its strongest volume since the early-June washout, forcing traders to reassess expectations for continued weakness.
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