XRP Price Coiled for a Significant Move as Key Volatility Indicator Mirrors 2024 Patterns

April 21, 2025

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The price action for XRP and bitcoin (BTC) resembles a tightly compressed spring on the verge of uncoiling with a sudden release of energy.That's the message from a key volatility indicator called Bollinger Bandwidth. Bollinger Bands are volatility bands set at plus two and minus two standard deviations above and below the 20-period moving average (SMA) of an asset's market price. The bandwidth measures the space between these bands as a percentage of the 20-day moving average.In the case of XRP, the Bollinger bandwidth has narrowed to its lowest level since October 2024 on the 4-hour chart, where each candle represents price action for a four-hour period.

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Source: www.coindesk.com
Published: April 20, 2025

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