XRP’s recent surge from just below 3 USD to mid-3.30 USD showcases high volatility, as Bollinger Bands widen, indicating a significant market phase. This breakout reflects a shift that could lead to further increases.
On a weekly basis, XRP has broken free from the previous range of 2.00 USD to 2.80 USD and is now confronting new resistance zones, suggesting that the market is prepared for increased volatility.
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