$XRP
XRP price remains bullish, Bollinger Bands prove it.
After bouncing around in the $1.90 range earlier this month, XRP has consistently climbed, recently closing above the key $2.20 level. This move is not just for show; it puts XRP right in the bullish zone of its Bollinger Band setup. The price has been holding strong above the mid-band (20-day SMA), with buyers stepping in repeatedly before it hits lower support.
Right now, the $2.16 level, which is also the middle of the bands, is acting as support, while the upper band near $2.30 is now the nearest resistance.
Looking at the big picture, it seems that the $2-$2.20 zone has flipped from being a resistance point to a support point, which is a pretty significant change in technical terms. When you add that to the tightening Bollinger Band squeeze we had earlier in the month, you have a classic breakout-and-hold scenario.
The takeaway? Momentum favors the bulls - not in explosive form, but with the kind of technical discipline that often precedes the next leg up.
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