Ripple Price Warning: The Calm Before the Storm as $XRP Prepares for Major Moves?

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XRP of Ripple has fluctuated in the range of $2.04 to $2.18 over the past week, currently hovering around $2.13 ( according to data from CoinGecko ) However, an important metric suggests that this relatively calm period may soon come to an end as a significant price action could be imminent. The indicator being referred to is the Bollinger Bands, according to the famous analyst Ali Martinez, which has narrowed on the 4-hour chart. A technical tool developed by John Bollinger in the 1980s that helps traders detect when an asset may be overbought or oversold, thus signaling potential reversal points. When the bands begin to tighten, it often means that the price of the token has experienced relatively low volatility over a certain period. But that silence sometimes comes before a storm - either a strong rally or a significant drop may follow. These bands narrowed significantly at the end of December when the price of XRP was around $2.10. In the following weeks, this asset experienced a real surge and nearly reached its all-time high. Although the tightening bands may play a role on their own, it is important to note that the price increase of this token coincides with the exponential rise of the entire cryptocurrency market, as bitcoin (BTC) peaked at nearly $110,000. What is the next goal? Some well-known analysts have made recent bullish predictions including user X Brett and Captain Faibik. The former believes that XRP "is heading towards $2.60 as the next boundary", while the latter has a medium-term target of $5. Captain Faibik also advises investors to increase their level of exposure, assuming that the next price surge "will explode". In addition to the technical aspects mentioned above, XRP may need a news catalyst to initiate a new bullish rally. The lawsuit between Ripple and the U.S. SEC seems to be nearing its conclusion, and its future developments are unlikely to cause any significant price volatility. The focus has shifted to the potential approval of a spot XRP ETF in the United States, which could attract more investors into the ecosystem and positively impact the asset's valuation. Prominent entities racing to introduce such a product include Grayscale, 21Shares, Bitwise, Franklin Templeton, and others. The likelihood of SEC approval before the end of 2025 currently stands at around 76% ( according to Polymarket ). The partnerships that Ripple may sign in the near future could also play a positive role. Remember that earlier this month, the company spent over 1.2 billion dollars to acquire the major brokerage firm Hidden Road, which many analysts believe could be a game-changing factor for the future price trajectory of XRP.

XRP-4.46%
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