xrp price action bollinger bands - XRP stabilizes after 60% drop as THIS fuels volatility risk
Ripple’s [$XRP] recent price behavior unfolds within a prolonged drawdown phase, where sentiment has gradually turned decisively bearish.
Over time, price declined nearly 60% from its peak, while drawdowns repeatedly pushed beyond -50%, reinforcing a consistent risk-off tone.
As this pressure built, positioning began to reflec