Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Bollinger Bands Indicate XRP Trend Shift

Bollinger Bands Indicate XRP Trend Shift

CointribuneCointribune2025/08/17 11:15
By:Cointribune

Could XRP initiate a decisive turning point ? A rarely observed technical signal attracts analysts’ attention : Bollinger Bands draw a setup favorable to a trend reversal. While the market remains volatile and volumes decline, the asset shows signs of resilience above a critical threshold. Enough to revive the interest of seasoned investors, on the lookout for a strategic entry point. Is this movement the prelude to a new bullish cycle or just a simple technical rebound ?

Bollinger Bands Indicate XRP Trend Shift image 0 Bollinger Bands Indicate XRP Trend Shift image 1

In Brief

  • XRP sends an unexpected technical signal via the Bollinger Bands, indicating a possible trend reversal.
  • The asset precisely rebounds on the middle band at $3.10, considered a key short-term support.
  • The upper band ($3.37) and lower band ($2.84) define levels to watch in the coming days.
  • The $3.50 zone remains the major technical resistance to overcome to target a return towards $4.

An Unexpected Technical Signal Emerges

While institutional investors are returning to XRP , among the most closely watched technical indicators currently, Bollinger Bands send a clear signal : “a trend reversal could be looming for XRP”.

Currently, the asset is trading at $3.13, up +0.76 % over 24 hours, after reaching a daily peak of $3.16. This rebound occurred precisely at the middle band level, located at $3.10, a level interpreted as key support.

The technical indicator thus draws a setup in which a bullish recovery remains possible as long as the price holds above this middle line. The other two reference levels, $3.37 for the upper band and $2.84 for the lower band, frame this dynamic, defining the asset’s current maneuvering room.

The current technical context can be summarized by several concrete elements :

  • The current price : $3.13, a slight rise over 24 hours ;
  • The rebound level : $3.10, corresponding to the Bollinger middle band, considered decisive support ;
  • The upper band : $3.37, identified as the next resistance to overcome ;
  • The lower band : $2.84, a support level in case of bearish reversal ;
  • The trading volume : sharply down, with a decrease of -31.97%, at 6.6 billion dollars ;
  • The main chart signal : XRP holding above its median support, opening the way for a possible push towards the upper band, provided volumes return.

These on-chain data reflect a fragile yet constructive technical configuration, where the price seems ready to move upwards… provided a renewed participation in the crypto market. The next major test will likely be the $3.37 zone, whose breach could set the tone going forward.

Confidence is Built Among Major Investors

Another signal, much more discreet but potentially decisive, deserves special attention: the entry of a whale. Indeed, an unidentified crypto player reportedly acquired 120 million XRP.

This massive move indicates renewed confidence in the asset’s rebound potential. Such positioning, rarely motivated by a mere fashion trend, often signals a thoughtful medium- to long-term strategy.

Thus, this accumulation operation occurs at a critical moment, as XRP attempts to stabilize above the $3.10 zone. If it manages to sustainably break the $3.50 resistance, a level identified as a major technical hurdle, the asset could target a return towards $4, provided the overall crypto market remains favorable.

This level has not been reached for several weeks, and its break could potentially open the way to a market structure change.

It is then necessary to determine whether this developing momentum will be confirmed by an influx of sufficient volume to validate a sustained bullish breakout. The entry of an institutional player certainly reshuffles the cards. It reflects a more strategic reading of the crypto market, where some see beyond immediate fluctuations. If technical signals converge with a tangible recovery in the derivatives or spot market, the scenario of XRP targeting $4 ceases to be speculative and becomes a credible hypothesis.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

After bitcoin returns to $90,000, is Christmas or a Christmas crash coming next?

This Thanksgiving, we are grateful for bitcoin returning to $90,000.

BlockBeats2025/11/28 08:43
After bitcoin returns to $90,000, is Christmas or a Christmas crash coming next?

Bitcoin security reaches a historic high, but miner revenue drops to a historic low. Where will mining companies find new sources of income?

The current paradox of the Bitcoin network is particularly striking: while the protocol layer has never been more secure due to high hash power, the underlying mining industry is facing pressure from capital liquidation and consolidation.

区块链骑士2025/11/28 08:23
Bitcoin security reaches a historic high, but miner revenue drops to a historic low. Where will mining companies find new sources of income?

What are the privacy messaging apps Session and SimpleX donated by Vitalik?

Why did Vitalik take action? From content encryption to metadata privacy.

ForesightNews 速递2025/11/28 08:23
What are the privacy messaging apps Session and SimpleX donated by Vitalik?

The covert war escalates: Hyperliquid faces a "kamikaze" attack, but the real battle may have just begun

The attacker incurred a loss of 3 million in a "suicidal" attack, but may have achieved breakeven through external hedging. This appears more like a low-cost "stress test" targeting the protocol's defensive capabilities.

ForesightNews 速递2025/11/28 08:23
The covert war escalates: Hyperliquid faces a "kamikaze" attack, but the real battle may have just begun