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Analysis: XRP price enters narrow range, likely to repeat 2-year grind pattern
XRP price is firmly trapped between $1.30 and $1.59, with Bollinger Bands suggesting a new major accumulation phase. Historically, XRP has experienced two similar two-year periods of market stagnation from September 2018 to November 2020 and from September 2022 to November 2024. The current chart (as of October 2026) indicates a third recurrence. Despite the stagnation, XRP's open interest remains near record highs at around $3.1 billion, with the Relative Strength Index (RSI) stuck at 44, signaling a lack of directional momentum.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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