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by: xpoolPosted on: May 21, 2025

XRP Could See $2 Drop If Bollinger Bands Pattern Holds

New data suggests XRP may soon experience a price decline. Weekly chart analysis reveals weakening trends, with the cryptocurrency trading at around $2.34 and showing a loss of over 3% this week. Currently struggling to stay above the middle line of the Bollinger Bands (a common indicator for short-term support or resistance), the lack of sustained movement could signal a potential bearish move.

Related posts:

  1. XRP Breaks Through Support, But Bearish Fractal Echoes Past Downturn
  2. XRP Surpasses Bitcoin, Ethereum in Trading Volume on South Korean Exchange
  3. XRP Price Analysis: Potential Rally to $3.50 Amid Technical Signals
  4. XRP Search Trends Declines After Lawsuit Ends: Did the SEC Play a Role?
Bearish Patterns Cryptocurrency XRP

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