The news states that technical analyst JayDee believes XRP's Bollinger Bands are increasingly thinning, indicating a potential 65,000% price growth likelihood. JayDee highlights historical instances when similar patterns led to significant price increases. The most notable occurrence was in 2017 when XRP reached an all-time high before experiencing rejection and a subsequent downtrend. Similar compression occurred in the 2020/2021 cycle, resulting in a price rally but failing to break the previous all-time high. The current downtrend is characterized by longer, tightened bands, leading analysts to anticipate a more explosive breakout than before. JayDee suggests a potential 5-10X price surge, predicting XRP to reach around $5. Other analysts share this sentiment, while some skeptics doubt XRP's immediate movement. JayDee plans to leverage his BTC portfolio to accumulate more XRP for the projected gain.



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