XRP keeps getting caged every time it tries to slip those breakout chains these past months, but the energy feels like a sinister little secret is about to burst free.
Ali Martinez just dropped his take, all eyes on how those Bollinger Bands are squeezing tighter than ever.
Will This One Last?
The analyst with 165k+ followers on X highlighted the tightest Bollinger Band squeeze XRP’s seen on the 3-day chart in over a year. Price has been stuck between that $1.30–$1.50 pocket forever, barely wiggling outside it. “When volatility compresses this tightly, it’s a signal that a violent price expansion is approaching,” he noted in his latest post.
He’s calling the zone a straight no-trade zone—better to sit back and let the market reveal its hand before chasing confirmation. XRP’s tested bullish breaks a few times lately, even tapping $1.55 last week only to get rejected each time.
“I’m waiting for a clean 3-day candlestick close outside of this range ($1.50-$1.29) to confirm the next major trend direction,” Martinez added.
A close above $1.50 could spark expansion straight toward his $1.80 target, while a clean drop under $1.29 would break the bullish setup and open a deeper pull toward the $1.00 support. He also pointed out the SuperTrend flipping bullish for the first time since January.
Upward Pressure Increases
Fellow trader CW noticed upward pressure on XRP building again after the last rejection showed almost no real downside force. They’ve been flagging for weeks how little selling pressure remains and how close we are to that next leg up.
MikybullCrypto and CRYPTOWZRD are both in the “serious breakout soon” camp—one eyeing a potential boom, the other watching for a quick fake-out lower. Meanwhile, recent data shows Ripple whales stacking more coins and now control nearly 70% of total supply.
Just another echo from the void by iconofsin.eth 💖
