The post Rare XRP Chart Shows That Price All-Time High Is Closer Than You Think appeared on BitcoinEthereumNews.com. The XRP price closed back above its monthly Bollinger midband, confirming that buyers stepped in near the $2 level. The move comes after the token dropped as low as $1.58 earlier last Friday before recovering straight to $2.50. On a monthly time frame, this is a clear test of the median band, and this is what often defines trend direction. The current setup by the popular indicator places the upper band at $3.58, which is only a short distance from XRP’s all-time-high range. The fact that the XRP price reacted upward from the median suggests that the path to retest the upper level is now “technically” open.  XRP/USD by TradingView Market participants who follow long-term formations point to the band system as one of the few consistent indicators across cycles, where midband reactions often come before moving toward the opposite boundary. Best scenario for XRP price The crypto market context reinforces the importance of this level. XRP has already logged two attempts above $3 this year, but the latest rejection did not erase the general uptrend. Spot volume continues to rotate through U.S. exchanges, while ETF deadlines on Oct. 18 keep XRP volatility elevated. On the monthly chart, what matters is the confirmed bounce from the $2 zone and the clear visibility of $3.58 as the next upside reference. If XRP makes it above the median band by November, the technical roadmap points directly at the upper boundary. From there, only a narrow gap separates the fourth biggest cryptocurrency from retesting the levels that marked its historic peak. Source: https://u.today/rare-xrp-chart-shows-that-price-all-time-high-is-closer-than-you-thinkThe post Rare XRP Chart Shows That Price All-Time High Is Closer Than You Think appeared on BitcoinEthereumNews.com. The XRP price closed back above its monthly Bollinger midband, confirming that buyers stepped in near the $2 level. The move comes after the token dropped as low as $1.58 earlier last Friday before recovering straight to $2.50. On a monthly time frame, this is a clear test of the median band, and this is what often defines trend direction. The current setup by the popular indicator places the upper band at $3.58, which is only a short distance from XRP’s all-time-high range. The fact that the XRP price reacted upward from the median suggests that the path to retest the upper level is now “technically” open.  XRP/USD by TradingView Market participants who follow long-term formations point to the band system as one of the few consistent indicators across cycles, where midband reactions often come before moving toward the opposite boundary. Best scenario for XRP price The crypto market context reinforces the importance of this level. XRP has already logged two attempts above $3 this year, but the latest rejection did not erase the general uptrend. Spot volume continues to rotate through U.S. exchanges, while ETF deadlines on Oct. 18 keep XRP volatility elevated. On the monthly chart, what matters is the confirmed bounce from the $2 zone and the clear visibility of $3.58 as the next upside reference. If XRP makes it above the median band by November, the technical roadmap points directly at the upper boundary. From there, only a narrow gap separates the fourth biggest cryptocurrency from retesting the levels that marked its historic peak. Source: https://u.today/rare-xrp-chart-shows-that-price-all-time-high-is-closer-than-you-think