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BTC $80,706 −1.17%ETH $2,375.91 −0.96%SOL $102.23 −1.94%XRP $1.29 −2.58%BNB $737.94 −0.41%DOGE $0.0784 −1.64%Prices: CoinGecko,
Altcoins & DeFi

XRP to $2 Delayed? Why Bollinger Bands Warn Ripple Bulls to Wait 2 Years

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The token's return to the psychological $2 mark is dragging on. The technical picture and the harsh math of coin supply point to a long sideways trend. The current macroeconomic model is squeezing the asset's potential, pushing the timeline for a real assault on key levels to the 2028 horizon. According to TradingView data, the weekly XRP/USD chart has entered a phase of extreme Bollinger Band compression. Quotes have frozen at $1.3110, running into a dense resistance block in the $1.37–$1.40 range. The indicator's middle line (20-week SMA) at $1.2514 is currently holding a local floor, while the upper band runs at $1.5997. The current chart structure fully duplicates the prolonged accumulation cycle of 2022–2024.

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