XRP Longs Surge as $1 Support Faces Key Test

The $1.5 billion worth of new XRP longs since August represents increased leverage, but also increased risk of liquidation if support breaks. XRP is approaching $1.00 as it continues to push down resistance, and traders await a breakout or further selling pressure.  RSI near 35.64 shows weak momentum, while restrained volume leaves the market needing stronger demand for breakout confirmation. XRP long positioning is expanding rapidly,…