Silence Before the Storm for XRP! Bollinger Bands Narrowed to the Limit, Will the APEX Conference Countdown of 6 Days Ignite?

Bollinger Bands are narrowing like a full bow, XRP is poised to take action in June!

News: Three major catalysts are ready to go.

ETF showdown day (June 17): The SEC will make a ruling on Franklin Templeton's XRP spot ETF application. If approved, institutional funds may flood in, replicating the capital-raising effect of the Bitcoin ETF; if delayed, short-term sentiment will be under pressure.

Federal Reserve interest rate cut expectations (June 17-18): If the FOMC meeting announces a rate cut due to economic weakness, risk assets (like XRP) will receive liquidity support.

APEX Developer Conference (June 10-12): Ripple executives gather, potential announcements of collaborations in AI, DeFi, etc. may ignite ecological benefits.

Note: Potential black swan events like SEC lawsuit settlement and Musk's X payment integration are brewing.

Technical analysis: Triangle endpoint change is imminent.

Bollinger Band suffocation: The Bollinger channel on the four-hour chart has narrowed to the extreme, volatility is approaching a critical point, historical patterns indicate that a one-sided market may be imminent.

MACD hidden secrets: Although a death cross is present (DIF: -0.0054, DEA: 0.0378), the MACD bar has turned positive (+0.0045) and buying momentum is strong, the probability of a golden cross reversal is increasing.

Long-short dead line: $2.7 is the watershed; if it holds, it opens up upward momentum (target 2.8+); if it loses the 2.2 support, it may fall deeply to 1.919.

Operation summary: Keep a close eye on three signal flares.

Holders: Can add positions near 2.25, set stop-loss below 2.20, betting on a rebound before the APEX conference.

Breakthrough strategy: Volume breaks through 2.7 to go long, target looking at previous high 2.65 + 110.

Risk warning: If the ETF is postponed or the Federal Reserve is hawkish, decisively reduce positions to avoid risk.

The storm eye in June has formed — 6 days until the APEX conference, whales with 3.8 billion ammunition are on standby, waiting for the first shot! For more valuable insights in the crypto space, click my profile to follow me. Enjoy the deployment of hundred-fold potential coins in the bull market and daily spot strategies!