Bollinger Bands Flash Signal: XRP Primed for a 1,300% Explosion
XRP's price action just triggered a rarely-seen Bollinger Band setup—one that historically precedes parabolic rallies. Traders scrambling to decode the charts won’t like the volatility, but they’ll love the potential payoff.
Why the Bollinger Squeeze Matters
When volatility contracts this hard, the ensuing breakout tends to be violent. The last time XRP’s bands pinched this tight? A 1,300% moonshot followed. History doesn’t repeat, but it sure rhymes—especially in crypto’s casino economy.
Ripple’s Legal Overhang: Fuel or FUD?
SEC drama still hangs over XRP like a bad NFT investment. But here’s the twist: every regulatory dip has been bought aggressively. Market makers clearly aren’t betting against a settlement—they’re frontrunning it.
The 1,300% Question
Will lightning strike twice? Technicals say maybe. Fundamentals say 'who cares?' This is crypto, where math competes with madness daily. Just remember: past performance guarantees nothing—except trader PTSD.
XRP Bollinger Bands Re expansion | The Great Mattsby
Meanwhile, despite the pullback and consolidation that occurred after the $3.4 top, the Bollinger Bands maintained their expansion, especially with XRP sustaining a position above the $2 mark.
XRP Now Observing a Re-expansion: More Upside Ahead?
Now, The Great Mattsby has spotlighted an interesting development surrounding the Bollinger Bands. Specifically, as XRP soared past the $2 price level after six months of consolidation at this range, the Bollinger Bands have begun expanding further in what Mattsby calls a "re-expansion" move.
Notably, this re-expansion indicates that XRP is now gradually surging to greater levels. To highlight the possible impact of this new development, the market analyst cited historical context.
For context, XRP observed a similar pattern back in 2017 during its bullish run. After it soared from $0.005 to $0.3988 in early 2017, the Bollinger Bands expanded. However, the roadblock at $0.3988 led to a six-month consolidation, during which the Bollinger Bands maintained their expansion.
Nonetheless, XRP broke out of the consolidation in November 2017, leading to the "re-expansion" of the Bollinger Bands. According to Mattsby, this re-expansion resulted in a further 1,300% rally for XRP, leading to the $3.8 all-time high price by January 2018.
Could XRP Record a 1,300% Uptick?
He believes a similar run could play out as the re-expansion emerges in the current bull cycle. In a subsequent report, Mattsby showed that if XRP repeated the 1,300% rally, its price WOULD soar to a new all-time high of $45. According to him, this aligns with the green level of his earlier Gaussian analysis.
