XRP is making headlines again as its price surges past key resistance levels, placing bearish traders in a vulnerable position. According to crypto analyst STEPH IS CRYPTO, XRP is now “on track to wipe out all remaining shorts,” hinting at a possible short squeeze scenario. With XRP trading at $3.33 as of report time, the momentum is undeniable, and bulls appear firmly in control. Bullish Breakout Above Key Levels The digital asset has shattered the psychological barrier at $3.00 , reaching an intraday high of $3.37 and establishing strong support around $3.03. This breakout marks a significant technical shift in XRP’s price structure, confirming renewed buying pressure. The $3.00 mark had previously served as a ceiling, but the recent breach flips it into a potential launchpad for higher levels. This surge comes amid growing market anticipation, fueled by liquidations of overleveraged short positions. As XRP rises, traders betting against the asset are being forced to exit their trades at losses, creating upward pressure that amplifies the rally. BREAKING: #XRP ON TRACK TO WIPE OUT ALL REMAINING SHORTS. WE'RE GOING HIGHER — MUCH HIGHER pic.twitter.com/cdo5BndOpw — STEPH IS CRYPTO (@Steph_iscrypto) August 8, 2025 Heatmap Signals Point to Short Liquidation STEPH IS CRYPTO’s post was accompanied by a liquidation heatmap , a tool used to track where large concentrations of stop-loss orders and liquidations are likely to occur. The data suggests that XRP is approaching zones where significant short interest remains. As the price climbs through these levels, the likelihood of a short squeeze increases, accelerating the bullish move. A short squeeze occurs when short sellers rush to buy back their positions to prevent deeper losses, which often causes prices to rise rapidly. With XRP already showing strong momentum, the stage appears set for such a cascade, further validating STEPH IS CRYPTO’s outlook. Building Confidence and Market Support XRP’s strong performance isn’t just technical—it’s also supported by improving sentiment and market confidence. Regulatory clarity, particularly following Ripple’s recent legal victories, has helped eliminate much of the uncertainty that previously weighed on XRP. As institutions begin to take a second look at the asset, retail traders are following suit. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Moreover, the broader crypto market has been in recovery mode, with capital rotating into altcoins showing strength. XRP’s fundamentals, coupled with its breakout, make it a standout performer in this cycle. Outlook for XRP As XRP maintains its climb above $3.00, all eyes are now on whether it can sustain this momentum and move toward higher resistance levels. If short liquidations continue as anticipated, the next leg up could arrive swiftly. Analysts are watching for confirmation above $3.50, which could set the stage for another wave of buying. The current structure is a textbook setup for a full short wipeout—just as STEPH IS CRYPTO predicted. While volatility remains a factor, XRP’s trajectory suggests the bulls are in control and the trend is far from over. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst: XRP On Track to Wipe Out All Shorts appeared first on Times Tabloid .
