XRP rose 4% in 24 hours and moved above the $1.38 breakout level after short liquidations (forced closures of bearish bets) increased to $2.79 million, according to Coinglass data. Ali Martinez had identified $1.31-$1.35 as support and $1.38 as the key resistance level on Sept. 13. He said a sustained close above $1.38 could confirm the move and open the way toward $1.60. Open interest (the value of active derivatives contracts) declined from $2.85 billion to $2.83 billion in one day, prompting questions about whether the advance is backed by new buying. Cryptoinsightuk identified $1.29 and $1.26 as downside support and $1.49 and $1.55 as potential upside liquidity targets if support holds and short positions continue to be squeezed. A larger liquidity cluster lies between $1.70 and $1.85, while liquidity near $0.96 represents downside risk if XRP loses its current structure. The trader said larger overhead liquidity pools could eventually attract price.