All articles tagged with #bollinger bands
XRP's recent Bollinger Bands re-expansion suggests a potential massive rally, similar to its 2017 bull run, with possibilities of a 1,300% increase that could push the price to new highs around $45, based on historical patterns and technical analysis.
Analysts suggest Litecoin (LTC) may experience a significant price surge similar to XRP's past breakout, driven by increased investor interest and trading volume. A fractal pattern in LTC's price action mirrors XRP's previous behavior, and technical indicators like Bollinger Bands suggest growing volatility, which often precedes upward price movements. Rising average balances in LTC-holding addresses and significant short liquidations further support the potential for a substantial rally.
A crypto analyst with a large following suggests that Bitcoin's bear market is over and a bullish expansion is imminent based on several high timeframe indicators. The analyst points to Bitcoin's Bollinger bands, which have compressed enough to indicate a likely breakout to the upside. Additionally, the altcoin market is also showing signs of a breakout. The analyst compares Bitcoin's support at the beginning of a long-term bullish impulse with the breaking of a downward resistance in the OTHERS chart, which measures the market cap of all crypto assets except BTC and ETH.