Usman Salis
XRP's Bollinger Bands are showing bullish signals with the token at $3.17 and upper band target at $3.79 after cooling from July's $3.70 peak.
XRP might not be done with its rally just yet. After that crazy July run that almost hit $3.70, most people figured it was time for a breather. But the Bollinger Bands are telling a different story – and it's looking pretty bullish.
The token's sitting at $3.17 right now, which puts it smack in the middle of the Bollinger Band range. That's actually a sweet spot. When XRP hangs around that middle line (the 20-day moving average) after a big rally, it usually means there's more upside coming.
What's really interesting is that the upper band hasn't collapsed like you'd expect. Instead, it's expanded all the way up to $3.79. That could be XRP's next target, and if it gets there, we might be looking at new record territory.
The whole vibe has changed too. XRP went from choppy, unpredictable moves to more directional action. That breakout above $2.30 brought in serious buying pressure, and even when there were sharp dips, the market just absorbed them and kept moving higher.
XRP (Ripple) Gets Perfect Technical Reset
Here's the good news for bulls – the RSI has cooled off from those crazy overbought levels above 88 down to a much healthier 61. That's exactly what you want to see. XRP isn't overbought anymore, but the uptrend is still intact.
This kind of reset is perfect. The token had its moment of euphoria, things got too hot, and now it's had time to chill without breaking the bullish structure. It's like taking a deep breath before the next big move.
The daily Bollinger Bands are now painting a picture that leans more toward continuation than collapse. After XRP's wild July run, the price has cooled off just enough to reset the engine, suggesting it's not done yet.
XRP (Ripple) Price Scenarios Point Higher
So what's next? The key level everyone's watching is $3.05-$3.10. If XRP can stay above this range in the coming days, it'll probably head toward that upper volatility band at $3.79. And this isn't just about hitting recent highs – we're talking about potentially breaking through levels that have held XRP back for years.
If XRP hits $3.79 or higher, the next few moves could be the most important ones yet. We might be looking at a breakout that sets new records, especially if the broader crypto market stays supportive.
What's encouraging is how well the market has handled XRP's price action. With key levels holding steady and the trend structure shifting from choppy to directional, this isn't looking like a move that's ready to give up. It's just getting ready for round two.
The bigger picture here is pretty clear – XRP's technical setup is looking solid for another leg up. Trading at $3.17 with the upper band calling at $3.79, and the overall trend still intact, the stars might be aligning for something special. If XRP can break through that upper resistance, we could see price levels that surprise even the most optimistic holders.
Usman Salis
