Digital Currency
Add as a preferred source on GoogleAn earlier EconoTimes report also noted potential short-liquidation exposure above $85,000 in the week leading up to Oct. 15.
An earlier report on Bitcoin liquidation levels identified a cluster near $75,000 and potential short-liquidation exposure above $85,000 in the week leading up to Oct. 15.
The report did not identify whether the $75,000 cluster involved long or short positions. The two levels describe separate areas of reported liquidation exposure.
Bitfinex’s `pos.size` field totals long or short exposure using a market’s base currency. For XRP/USD, that unit is XRP.
AltWolf's chart uses $0.2244 as its reference and marks hurdles at $0.23-$0.24 and about $0.28. Two other analysts have outlined lower scenarios.
The Oct. 21 snapshot was $0.2243; Ali Martinez tied a $0.17 scenario to a daily close below the channel line.
