Bollinger Band Warning: Don't be too relieved about $3 XRP
Source: CoinWorld
Time: 2025-09-19 20:33:10
As the Chicago Options Exchange (CBOE) launched its first U.S. XRP ETF, the price remained at $3.03, but technical indicators showed risks. The Bollinger Band is narrowing, with the lower track at $2.98, a break below that level could lead to a further price drop to $2.90 or $2.70. Despite a rare 9% increase in September, historical trends show weak monthly performance, suggesting that current stability may be temporary.