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Markets move in cycles, and right now, XRP finds itself in an uneasy position. Price action is telling a story, and Bollinger Bands — one of the most relied-upon volatility indicators — are laying out the next possible chapter.
When they expand, it is a sign that the market is bracing for something big. Lately, these bands have reached extreme levels for XRP, and not in a reassuring way.
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After an already rough few weeks, XRP has been unable to reclaim lost ground. The token fell through key support at $3, slipped to $2.65, and has not managed to push back toward the upper Bollinger Band.
That is where trouble starts. When an asset cannot touch that upper band after a sell-off, the odds of it sliding down to the middle band increase. And in this case, that level is sitting at $1.61.
It is not immediate, but it is lurking. A 43% drop from current levels — potentially drawn out over a more extended time frame, given the weekly chart’s influence. The downward pressure is not just technical; sentiment is not exactly screaming bullish either.
Holding $2 is crucial, not just for the charts, but for the psychology of the market. If that level does not hold, another 20% decline would not be a shock.
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This does not mean all hope is lost. Markets pivot, trends shift, and unexpected catalysts emerge. But right now, the technicals are speaking clearly. Without a strong push upward to reclaim momentum, XRP is looking at a slow grind downward. And when Bollinger Bands signal something this clearly, traders tend to listen.
Source: https://u.today/xrp-price-may-lose-43-if-this-bollinger-bands-signal-validates