"XRP's daily Bollinger Bands have contracted to their narrowest spread in 2025, with the upper band sitting near $1.45 and the lower band around $1.33. The 20-day moving average sits at roughly $1.41, and XRP is trading right on top of it."
"The last time the bands were this tight was in late June 2025. The upper band stood at $2.15 and the lower at $2.05, while XRP traded at around $2.20. Within two weeks, XRP broke above the upper band and surged 63% to $3.65."
"The catalyst for the previous surge was the SEC dropping its appeal against Ripple, combined with a broader crypto rally that gave XRP the momentum to break out."
XRP's daily Bollinger Bands have contracted to their narrowest point since June 2025, with the price around $1.40. This tightening follows a pattern seen before significant price increases. The last similar squeeze led to a 63% rally to $3.65. Currently, the upper band is near $1.45 and the lower band around $1.33, with XRP trading at approximately $1.41. The price has been stable between $1.30 and $1.47 since late February, raising questions about future price direction amid a challenging macro backdrop.
Read at 24/7 Wall St.
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