XRP hits resistance at $2? See how the Bollinger Bands interpret the subsequent trend

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【Crypto World】Can XRP break above $2 this year? This question seems simple, but in reality, it’s a bit tricky. Currently, the price is stuck below the middle band of the Bollinger Bands (around $2.0189), with significant technical pressure.

More straightforwardly, XRP is now hovering near the lower band (about $1.8187). To turn around, it must stabilize above the $2.02 mark. Once it does, the momentum could aim for the upper band (around $2.2192). But what if it can’t hold? Then, the support levels at $1.82 and $1.77 become critical—they are the last line of defense for a subsequent rebound.

Overall, breaking above $2 for XRP is not impossible, but it indeed requires continuous effort from the bulls.

XRP-0.95%
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MeaninglessApevip
· 12-22 20:00
2 bucks? Wake up, dude, the Bollinger Bands are about to break down.
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WalletDetectivevip
· 12-22 17:32
The Bollinger Bands are hovering around the lower band, is it about to break through 2 dollars? To put it nicely, it's called the longer effort, to say it bluntly, we still have to wait.
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RatioHuntervip
· 12-21 19:59
The Bollinger Bands are playing mind games again; the hurdle of 2 dollars still needs some work.
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Hash_Banditvip
· 12-19 22:50
alright so xrp dancing around the lower band again... seen this movie before tbh. 2.02 is basically the inflection point, if it can't hold there then yeah we're looking at a grind down to those support levels. reminds me of the 2018 cycle when everyone thought we'd moon but the difficulty adjustment just kept resetting expectations lol
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MoneyBurnerSocietyvip
· 12-19 22:49
I should have sold when the Bollinger Band lower band appeared. Now we're waiting for the "continuous effort" from the bulls? We, this group, are best at riding the coin all the way down.
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UncommonNPCvip
· 12-19 22:29
Is the 2 yuan barrier really tough, and do we still have to rely on "collaborative efforts"? Haha
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PhantomHuntervip
· 12-19 22:25
Bollinger lower band touched, still far from 2 dollars, bulls, keep pushing!
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FOMOSapienvip
· 12-19 22:23
The pressure of 2 yuan is a bit high, I feel like I need to tinker with it a bit more.
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