The popular cryptocurrency XRP may be losing momentum against Bitcoin, as indicated by the recent hit of a middle band on the Bollinger Bands indicator. XRP had been outperforming Bitcoin in the past two days, but reaching this middle band suggests a potential pause in its outperformance. Whether this pause will be temporary or longer-term remains to be seen. The Bollinger Bands are a technical analysis tool that consists of three price curves, with the middle curve being a 23-day moving average. Hitting this middle band indicates a significant event. If XRP closes below the band, it may experience a pullback and potentially test the lower band. Traders will be closely watching these developments in the coming sessions.



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