<ul><li>XRP&#39;s Bollinger Bands are the tightest ever, suggesting a significant price move ahead.</li><li>Crypto Rand notes XRP&#39;s major support at $0.4200, with immediate resistance at $0.6400.</li><li>XRP&#39;s recent breakout from a descending resistance line indicates strong bullish momentum.</li></ul>Chartered Market Technician and Bitcoin Trader <a href="https://x.com/tonythebullBTC/status/1818074790407848236" rel="noopener noreferrer nofollow">Tony &#34;The Bull&#34;</a> recently shared an analysis on X, highlighting significant market indicators for XRP. According to Tony, the monthly Bollinger Bands for XRP are currently the tightest they have ever been. This contraction is even more pronounced than before the historic 60,000% rally that ended in early 2018.<img src="https://lh7-rt.googleusercontent.com/docsz/AD_4nXesScWeItWeYXhTyBKEUmlEtIvDILHVe4hCGEru_uSwNXVuc7A9hWamwgxkGqIwdunV3DYyb2vsCMkZGP6imq1OGt9kINBNZuoykJgyY7Ig1H2ux-tA-iLZIbB3yWgjBE9yErh8yuVV0mKLc31AvAk-rSEC?key&#61;bn5IHW_qHm4ygg4HKvzqnw" />The Bollinger Bands for XRP show the following values: the upper band is at 0.69783, the basis is at 0.52388, and the lower band is at 0.34994. The Bollinger Bandwidth stands at 66.41, marking the lowest level of contraction ever recorded for XRP.<a href="https://cryptotale.org/xrps-bollinger-bands-tighten-to-record-levels-indicating-possible-breakout/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

XRP's Bollinger Bands Tighten to Record Levels, Indicating Possible Breakout

CryptoTale

Otros artículos publicados el 31 jul 2024

Seoul Court Sides With Wemade in $7M WEMIX Token Dispute

Bitcoin Finds Major Relief After 10 Years: Is The US Government Now The Biggest Threat?

Kamala Harris’ crypto reset in doubt with Gary Peters as VP contender

Crypto Bluff: Winklevoss Twin Warns Community Amid VP Harris’ Reset Speculations

CHAIN SIGNATURES ARE NEAR, DO YOU FEEL IT ANON?

Doge2014 is Set to Ride the Dogecoin Wave – How High Can the Meme Coin Go?

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!