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Analyst Ali Martinez Says XRP Is Signaling What Is Coming. Here’s why

Analyst Ali Martinez Says XRP Is Signaling What Is Coming. Here’s why

Photo: Times Tabloid

XRP is showing a technical pattern that has preceded significant price moves before. Crypto analyst Ali Martinez (@ali_charts) has highlighted a Bollinger Band squeeze on the 4-hour chart that mirrors conditions last seen in August. The setup has drawn attention from traders watching for the next major move in the asset. The Squeeze Taking Shape Bollinger Bands measure volatility by tracking how tightly price is trading relative to a moving average. A tight squeeze shows that volatility has dropped to a low point. Historically, that compression precedes an expansion in price movement in one direction.

Source: Times Tabloid

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