<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

Outros artigos publicados em 31 de jul. de 2024

From Mobile to the Moon: Unveiling the Future of Digital Assets with Celo’s Growth

Take Part In UseTheBitcoin’s Exclusive List Of Crypto Airdrops

Ripple vs SEC Case Nears Conclusion with Secret Meeting Scheduled on August 1, 2024

Why MATIC’s whale action might mean it’s set for 163% rally

Unveiling the World’s Best Crypto Presales: Your Next Big Investment Opportunity

Tech Giants Experience Significant Market Value Losses

Join our free newsletter for daily crypto updates!