XRP Calm Before the Storm? Bollinger Squeeze Signals Big Move
BeInCrypto
XRP price volatility has hit multi-year lows, suggesting a significant market move is imminent as technical indicators and on-chain activity consolidate.Summary
XRP is experiencing a period of extreme price compression, with Bollinger Bands on both weekly and daily charts reaching their tightest levels in years. This technical "squeeze," combined with significantly reduced whale activity and low exchange inflows, indicates that the market is waiting for a catalyst to break out of its current symmetrical triangle pattern. Analysts suggest that the asset is approaching a critical apex near $1.40, with a move above $1.45 potentially signaling a bullish breakout, while a drop below $1.35 could lead to a retest of lower support levels.
(Source：BeInCrypto)