XRP Price Faces $55M Short Liquidations at $2.32 as Bullish Pattern Emerges

XRP price is trading at $2.16 today, June 20, with a 0.86% gain in 24 hours and $1.8 billion in trading volumes. Over the past month, XRP has not been making any significant gains, and this has largely been attributed to reduced interest from new buyers as most traders shift their attention to Bitcoin. However, a breakout could be on the way amid a looming $55 million short squeeze and the emergence of a bullish double-bottom pattern.