XRP Price at Crucial Turning Point as Bollinger Bands Signal "Do or Die" Moment

XRP is at a pivotal juncture, trading near $2.24 and pressing against the midline of its Bollinger Bands. This midline now acts as a key short-term support and resistance level, setting the stage for a potential breakout—or breakdown. With the upper Bollinger Band at around $2.38, just over 6% above the current price, XRP bulls must push decisively higher to signal renewed buying momentum.

A successful breakout above the $2.38 range would suggest a bullish reversal and continuation of upward momentum, a move that hasn’t occurred in weeks. If this scenario plays out, it would mark a significant shift in sentiment, confirming buyers are regaining control.

However, failure to sustain above the midline could shift momentum to the downside. A drop below dynamic support could lead XRP toward the lower band near $2.10, a level that may trigger a slow and steady decline. This bearish outcome could erase recent gains and reset the token’s trend entirely.

Technical setups like this have previously led to volatile movements for XRP. With uncertainty in the broader market and pressure building, the coming days could be critical. Trading volume and price action will determine whether bulls can take charge or if XRP slips into correction territory.

Investors should watch closely as XRP hovers in this tightening range. A decisive move in either direction is imminent. Whether it breaks out or breaks down, the current technical formation suggests that XRP is approaching a make-or-break moment that could define its short-term trajectory. This "do or die" situation means hesitation is not an option for traders and investors eyeing the next XRP move.