XRP Bollinger Bands Are Extremely Tight, Analyst Says Big Pump Is Coming
2025-07-10 17:20:40
Main Idea
Analyst Steph Is Crypto highlights that XRP's Bollinger Bands are extremely tight, signaling a potential major price movement, possibly similar to the late 2024 rally where XRP surged nearly 500%.
Key Points
1. XRP's Bollinger Bands are currently 'extremely tight,' indicating an imminent significant price move, as noted by analyst Steph Is Crypto.
2. The current setup resembles the November 2024 pattern, which preceded a 500% surge in XRP's price.
3. XRP is trading around $2.44, with key resistance at $2.70–$2.90; a breakout above this range could trigger bullish momentum.
4. Increased whale activity and Ripple's expanding partnerships are adding fundamental support to the bullish outlook.
5. Daily active addresses on the XRP Ledger are rising, signaling growing network utility and investor interest.
Description
XRP’s technical setup is flashing a major signal . According to popular crypto analyst Steph Is Crypto, XRP’s Bollinger Bands are now “extremely tight”, a classic indicator that a major price move is imminent. In a recent post on X, Steph declared: “BIG PUMP INCOMING!” The current squeeze pattern mirrors the one seen in November 2024, which preceded a powerful rally that propelled XRP from around $0.50 to over $3 in just weeks. Bollinger Bands Signal Incoming Volatility Bollinger Bands are a wel...
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