After a huge surge of almost 500% in recent weeks, the price of XRP, currently the third largest cryptocurrency, seems to be finding its local ceiling. While in line with the performance of the broader cryptocurrency market, there's a possibility that XRP may not stop correcting there and eventually find a stop to the recent downward movement much lower than the current level of $2.26. In particular, a hint of such a development was provided by the Bollinger Bands. A popular indicator developed by John Bollinger consists of a simple moving average with two deviations above and below the sacred line, which together form a range. Currently, XRP's price is right on the upper band, while its median is at $1
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