XRP Bollinger Bands Are Squeezing—Volatility Incoming?
A cryptocurrency analyst has highlighted how the Bollinger Bands are squeezing on the daily XRP price, a potential sign that volatility could be coming. XRP Bollinger Bands Have Tightened Recently In a new post on X, analyst Ali Martinez has talked about the latest trend in the Bollinger Bands for XRP. The “Bollinger Bands” refer to a tool from technical analysis (TA) that help provide a gauge for an asset’s volatility. The indicator involves three bands: a 20-day moving average (MA) middle line and two standard deviations above and below this level. Whenever the bands....
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Current BTC price action is no surprise given recent support and resistance focuses, says Bollinger bands creator John Bollinger. Bitcoin may have lost 35% since its all-time highs of $64,500, but its current price is actually “logical.”That’s according to veteran analyst John Bollinger, creator of the Bollinger bands trading indicator. Bollinger: Current price action "can tell a lot"In a tweet on May 18, Bollinger, who is well known as a source of Bitcoin (BTC) analysis despite decades in the market, called for calm following fresh volatility.“~43,000 is what we call a logical level for....
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