XRP/XBT Ripple Bollinger Band Squeeze - Major Breakout coming

25 gru 2017

The Bollinger Band Squeeze occurs when volatility falls to low levels and the Bollinger Bands narrow. According to John Bollinger, periods of low volatility are often followed by periods of high volatility. Therefore, a volatility contraction or narrowing of the bands can foreshadow a significant advance or decline. Once the squeeze play is on, a subsequent band break signals the start of a new move. A new advance starts with a squeeze and subsequent break above the upper band. A new decline starts with a squeeze and subsequent break below the lower band.

Rumors: Ripple will be added to Coinbase soon.

Watching closely and waiting for the volume to come back and determine the new trend.