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XRP breaks above upper Bollinger Band, signaling potential bullish breakout after tight volatility squeeze.

Technical Signals
04 Nov 2026, 23:35 WIB
Tokenpost
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Bullish
XRP breaks above upper Bollinger Band, signaling potential bullish breakout after tight volatility squeeze.

XRP's price has moved above the upper Bollinger Band on its four-hour chart following a period of very low volatility, known as a squeeze. This breakout is seen as a possible sign of a bullish trend forming, similar to a previous setup in August that led to a significant price increase. However, this move alone does not guarantee continued gains. Investors should watch for further confirmation before expecting a sustained rally.

Following XRP's recent breakout above the upper Bollinger Band, on Pluang the token trades at Rp23.649 with a 1-day gain of 1.31% as of Nov 05, 2026 04:42 WIB. The market cap stands at Rp1.494,09 trillion, while 24-hour trading volume is Rp55,63 trillion. Despite the positive price move, Pluang order activity shows a majority of 69% Sell versus 31% Buy, with typical hold time around 73 days.

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