Will XRP surpass Bitcoin? Bollinger Bands signal is not optimistic
Source: CoinWorld
Time: 2025-09-16 19:24:11
XRP against Bitcoin showed consolidation in all time frames, and the Bollinger Band indicator showed limited upward potential and no major market structure changes occurred. The daily chart shows that the trading price of XRP is 0.00002620 BTC, fluctuating in a narrow range. The weekly chart shows resistance around 0.00002900 BTC, while the monthly chart shows that the rise is weakening since 2017. In a shorter time frame, the selling pressure is at 0.00002720 BTC and the buying pressure is at 0.00002550 BTC, which further suggests that XRP lacks clear directional momentum. Traders who expect XRP to perform well may be waiting for signals that have not yet appeared.