XRP is entering a critical phase as its Bollinger Bands on the 3-day chart tighten to the narrowest level in over a year. Crypto analyst Ali Martinez has flagged this pattern, warning that a sharp price expansion—possibly violent—is likely. The compression signals that a period of low volatility is coiling for a breakout, with the range between $1.29 and $1.50 described as a “no-trade zone.”
Martinez advises traders to wait for a confirmed 3-day close outside this band. A close above $1.50 could open the door for a rally toward $1.80, while a breakdown below $1.29 might invalidate bullish momentum and push XRP toward the psychological $1.00 level. The token was trading at $1.37 at the time of writing, down 6% over the past week.
Beyond technicals, regulatory hopes are adding a catalyst. The CLARITY Act cleared the U.S. Senate Banking Committee on May 14 with a 15–9 vote, and market expert Sam Daodu noted XRP rallied to $1.54 in response. A full Senate vote in June and potential presidential approval by July 4 could provide further clarity. Daodu also identified a sell wall at $1.44–$1.45, and breaking above that, followed by a move to $2, would confirm the upside trajectory.
