XRP price flashes bullish signal for a 70% move
Photo: Finbold
A cryptocurrency analyst has suggested that XRP is flashing signs of an impending major price move, with a technical indicator pointing to a potential breakout after weeks of subdued trading. In particular, Bollinger Bands ( BB ) on XRP’s four-hour chart have narrowed to their tightest levels since August, suggesting that volatility is contracting ahead of a possible sharp move, according to insights shared by Ali Martinez in an X post on November 2. The last time the bands reached similar levels of compression, XRP rallied approximately 71% in just three days.
Source: Finbold
