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06/23 16:23Rialzista

Why Bollinger Bands Are Now Targeting Sub-$1 Area

Why Bollinger Bands Are Now Targeting Sub-$1 Area for XRPThree months of harsh consolidation and record-low volatility on $XRP's monthly chart in TradingView have ended with a powerful breakdown. The Bollinger Bands, whose borders compressed into a narrow corridor over the spring, have now expanded to the downside. June has brought a 16.98% decline, turning the indicator's lower band into the main price reference point for the market. The middle line (20-month SMA) remains far above at $2.06. Since $XRP broke this level from above, sellers have fully seized the initiative. This is why the lower boundary near $0.92 is currently acting as a powerful price magnet, pulling technical targets below the dollar mark. #World Cup Predictions: 100,000 USDT Daily #HTX Invites You to Share 600K USDT in Gift Packs #BTC Prophet: 20-Day 380 Million HTX Challenge $BTC #World Cup Predictions: 100,000 USDT Daily #2026 World Cup Posting Challenge on HTX Square #TradFi Trading Strategies Sharing Challenge
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#World Cup Predictions: 100,000 USDT Daily#2026 World Cup Posting Challenge on HTX Square#BTC Prophet: 20-Day 380 Million HTX Challenge
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