XRP at $1.95 with negative funding; $2.00–$2.05 liquidations flag squeeze risk

XRP is stabilizing near $1.95 as funding rates remain negative and short exposure builds overhead. According to CoinGlass, liquidation clusters are concentrated around $2.00–$2.05, raising the odds of a squeeze if price tests those bands. Prior cycles in August–September 2024 and April 2025 saw funding flip below zero during consolidation.