XRP Bollinger Band Hint Breakout Against Bitcoin? 200% Surge Coming 📈
The cryptocurrency market has been marked by notable volatility recently, and XRP has not been immune. Earlier this month, the token experienced a sharp decline, driven by prevailing bearish pressures, with its value plummeting by nearly 25% in just one day. However, XRP has shown resilience, recovering much of its lost ground.
In particular, the XRP/BTC ratio has provided a signal that suggests a potential breakout could be on the horizon. Technical indicators, such as the Bollinger Bands, are currently hinting at this possibility. Should this breakout materialize, analysts foresee that XRP could surge by around 200%, a substantial movement for the token.
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![Ripple [XRP] shows reversal signals – Is THIS pattern a warning?](https://loutre.blockchair.io/w4/storage/news/2d065a81e30cf52ab74493b9ec97beaa.png){kind=small}
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