XRP Bollinger Bands Narrow to Tightest Since August, Martinez Says

XRP’s four-hour Bollinger Bands have narrowed to their tightest levels since August, with analyst Ali Martinez saying the setup gives no directional signal on its own.

In a Nov. 2 post, Martinez wrote that “a squeeze doesn’t predict direction.” He cited a similar past compression that preceded a 71% rise over three days, a historical comparison rather than a target or forecast for XRP’s current price.

Martinez identified a four-hour close above $1.27 as a bullish signal and a close below $1.23 as a bearish one. He described the range between those levels as a “no-trade zone.”