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Why Is XRP Up Today?

Coinpedia·September 23, 2026·1 min read
Why Is XRP Up Today?

XRP is up 6.78% to $1.62, outperforming the broader crypto market. The main driver is a short squeeze, with leveraged funds on the CME cutting their net short position by 46.3 million XRP. XRP broke above the key $1.60 resistance as traders rotated into altcoins.

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