XRP Price Ready for a Big Move: Finding Out When and How 📈
On the daily chart, XRP displays signs of an impending significant price movement, as Bollinger Bands tighten, suggesting potential volatility. Historically, such squeezes indicate low volatility that often predicts sharp breakouts, either upward or downward.
Bollinger Bands, a technical analysis tool, gauge price fluctuations by plotting two standard deviation lines around a moving average, thus becoming a crucial indicator of impending price swings.
Source: www.thecoinrepublic.com ↗
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