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XRP’s Bollinger Bands have tightened, signaling potential for a major price movement. Investor behavior appears bullish, with increased self-custody and active addresses hitting a multi-month high. Will history repeat with another rally?
- XRP's Bollinger Bands tightening historically precedes major price movements, with past instances leading to rallies.
- Active XRP addresses surged to over 1.12 million, indicating growing network adoption or utility.
- Investors are moving XRP to self-custody, reducing exchange supply and potential selling pressure.
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