Could XRP Surge to $2.50? Bollinger Bands Point to Bullish Trend

A bullish signal appears on XRP charts as the Bollinger Bands are indicating a potential price rally. Recent data shows the bands have widened, with the price rebounding from just below $1.80 after a period of decline. This suggests a buildup of volatility, potentially leading to further price increases. The current trading range of XRP is around $1.98 and sits near the mid-range support and resistance zone between $1.90 and $2.10. Analysts are paying attention to the bands because they indicate a potential price ceiling around $2.50, which would represent a significant move from its current trading range. Increased volume, especially during recent upward candles, adds to this bullish momentum. While broader market conditions remain cautious, XRP’s movement may reflect broader risk appetite until further catalysts emerge from macro or geopolitical events.