Bollinger Bands Signal XRP Could Fall Below $1

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XRP's three-month period of harsh consolidation and record-low volatility has ended with a powerful breakdown, as Bollinger Bands on the monthly chart expanded to the downside. The bands had compressed into a narrow corridor over the spring before this move, which now targets the sub-$1 area.

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Bollinger Bands expansion to downside signals potential drop below $1.