The Bollinger Bands technical tool indicates that XRP may have reached its bottom after experiencing a 15.6% loss in the past four days. XRP fell from $2.60 to as low as $2.158, reaching the lower band on the daily time frame and even stepping out of it, which suggests that the asset is oversold. Historically, deviations from the band's boundaries have preceded price reversals. XRP has shown a positive reaction to this pattern, gaining 1.93% in the last few hours and returning to the range defined by the Bollinger Bands. Additionally, XRP typically performs strongly in March, April, and May, with average returns of 20%, 27%, and 27% respectively. This combination of an oversold signal and historically bullish performance in the spring suggests that XRP may be preparing for a significant move.



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