XRP defies 2018 déjà vu as Bollinger Bands suggest $2 support holds strong
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However, it may not be as painful in the short term as it first appears. The Bollinger Bands on the daily currently show the lower border of a range at $2.103, which is another 3.56% down from the current price. If XRP manages to find a local bottom there, further declines are unlikely in the short term. Meanwhile, on the weekly price chart, the lower band may see a spike and, in that case, the grim projection of $1 per XRP may remain only a nightmare and not a reality.
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