XRP $1.40: Bollinger squeeze and weak whale flows
XRP trades near $1.40 as Bollinger Band width hits multi-year lows; whale transfers above $100,000 fell to 117 and exchange inflows near 2.19M XRP daily, triangle apex days away.
XRP was trading around $1.3985 on the weekly chart as Bollinger Band width compressed to multi-year lows on both weekly and daily timeframes. The Bollinger Band Width Percentile (BBWP) sits at the bottom of its historical range on the weekly chart. On the daily chart, BBWP has registered repeated extreme low readings in recent weeks. The relative strength index (RSI) is near 40.
On-chain metrics from Santiment show whale transactions for transfers above $100,000 declined to 117, down from peaks of roughly 700–900 in January and early February. Exchange inflows are about 2.19 million XRP per day, near the lowest level in six months. Santiment’s figures indicate fewer large transfers to exchanges and lower retail inflows over the recent period.
Price action on the daily chart has formed a contracting symmetrical triangle. Descending resistance tracks from a mid-February high near $1.65 toward about $1.45, while ascending support rises from an early-February low near $1.20 toward roughly $1.30. The chart’s apex is expected within days. Visible Range Volume Profile shows the heaviest traded node between $1.35 and $1.42.
Technical levels cited on the charts include a breakout threshold near $1.45, which would expose $1.4697 and a weekly 0.618 Fibonacci resistance at $1.7045. A breakdown through $1.3563 would expose the $1.1427 to $1.1729 region, which aligns with the weekly 0.786 Fibonacci area. A BBWP reading rising above 50 is used as a signal that volatility is expanding beyond the current squeeze.
Analyst @seth_fin described the Bollinger Band squeeze on XRP as ‘the tightest in years’ and highlighted the $1.35–$1.42 band as the immediate battleground by volume.
Potential external factors that market participants are watching include flows into spot Bitcoin and Ethereum exchange-traded products, developments in the ongoing Ripple legal matter, and broader macroeconomic shifts. With the triangle apex approaching, a large directional candle would mark a clear break from the recent range.
