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XRP Breaks Above Upper Bollinger Band After Tight Four-Hour Squeeze

Picture: TokenPost

XRP has crossed above the upper Bollinger Band on its four-hour chart after the bands narrowed to their tightest levels since August, a new move in the setup crypto analyst Ali Martinez discussed earlier. The band breach adds a directional signal to the compression pattern TokenPost covered earlier . Bollinger Bands track volatility around a moving average. A squeeze reflects compressed volatility, while a move above the upper band puts the price beyond the indicator’s recent range. Martinez described the breach as a sign that a bullish breakout could be forming.

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