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XRP faces a potential sharp move as Bollinger Bands squeeze tightest since August 2026.

Technical Signals
03 Nov 2026, 00:12 WIB
Dailycoin
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Neutral
XRP faces a potential sharp move as Bollinger Bands squeeze tightest since August 2026.

XRP's price is currently in a tight trading range with Bollinger Bands squeezed to their narrowest since August 2026, signaling a possible sharp price move soon. Historically, a similar squeeze led to a 71% rally in three days, but the direction remains uncertain. Key levels to watch are $1.27 for bullish breakout and $1.23 for bearish continuation. Despite bearish on-chain metrics and short-seller dominance, rising futures volume and some positive indicators suggest a potential bullish reversal. XRP's price may also be influenced by Bitcoin's recent price pressure.

XRP trades at Rp22.675 on Pluang as of Nov 03, 2026 05:21 WIB, unchanged in the last day. The market cap stands at Rp1.433,57T with a 24-hour volume of Rp28,58T. Buy orders dominate at 64%, and typical hold time is 73 days, indicating steady investor interest amid the current tight price range.

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