Crypto expert “The Great Mattsby” has found something interesting on the XRP monthly chart: the Bollinger Bands are the smallest they have ever been. This trend has shown huge price changes in the past, which has led to rumours that XRP is about to make a big rise.
Historical Patterns: Previous Explosions And Current Expectations
Mattsby looked at patterns before XRP’s price shot up after its Bollinger Bands found themselves in a tight range. One pattern was from September 2016 and March 2017, when its price went up by a huge 60,000%.
In comparison, a similar trend in April 2021 resulted in a relatively modest 1,000% increase. According to Mattsby, the current situation is different; the bands are even tighter than previously, implying an oncoming and maybe bigger price movement.
A $250 $XRP by 2028??
So a ±60000% $XRP does line up with the math of that green angle, which was also a very important support and resistance angle in the past (highlighted). Proof that it
We współpracy z: https://www.newsbtc.com/news/expert-foresees-xrp-soaring-to-250-technical-analysis-explained/
