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Altcoins & DeFi

XRP Bollinger Bands Have Become Their Tightest Since Before the August Rally to $1.7

Image: The Crypto Basic

XRP Bollinger Bands have narrowed to their lowest levels since mid-August 2026, before the crypto asset recorded its last major rally toward $1.70. This comes as XRP continues to trade sideways following the recent market-wide selloff. However, the drop in volatility has led to expectations that the token could be approaching another major price movement . XRP remains under pressure following the market-wide selloff triggered by the Binance hack , which reportedly resulted in losses of $6.3 billion from the exchange . During the incident, hackers moved nearly $300 million worth of XRP from Binance. The exploit had an immediate effect on XRP, sending its price down 6.64% on the day. Since then, XRP has struggled to recover alongside the broader market.

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