The XRP price is approximately $ 2.80, but the indicators in different scales suggest that the market has not yet found a solid fund. An important volatility measure, Bollinger bands are still flashing warnings, not comfort.
First, take a look at the weekly table reveals that XRP is stuck between the average band of $ 2.60 and the lid higher than $ 3.40. If you get to a conclusion, it seems that sellers are still pressing the market, since the XRP price is still below the midline.
On the contrary, closing above that pivot point every week, it is better to be cautious than hopeful.
The two -day view of the table offers a much clearer image. The candles have not been maintaining above the midline, and the lower band is dragging around $ 2.70. That means that there is the possibility that we can try this level again if the purchase of interest does not accumulate.
Once again, on the contrary, if XRP can exceed $ 3.0, it would be a sign that the switch is resorting to the Bull mode, but it has not yet happened.
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Finally, approaching the 12 -hour time frame, it is evident that XRP has been stuck in a kind of lateral drift since its great fall in August. The price has been in the lower half of the bands, which is a sign of weakness instead of force.
Ultimate XRP Price Outlook
The XRP price support is still $ 2.60 and then at $ 2.00, which is supported by long -term levels of the beginning of the year.
If XRP falls to $ 2.60, it could reach closer to $ 2.00. But if $ 3.0 is broken and then $ 3.35, that could change the feeling and make people more optimistic.
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At this time, it does not matter which period of time MIRES, Bollinger’s bands show the same thing: XRP has not yet confirmed a background, and it is still quite dangerous for buyers there.