XRP is moving inside a wide consolidation range as traders watch for a clear breakout. Ali Charts says the 3-day Bollinger Bands have reached their tightest squeeze in more than a year. The analyst calls the setup a no-trade zone until the price confirms direction.
Ali Charts is tracking two levels closely. A clean 3-day close above $1.50 could open the way toward $1.80. He added that such a move would show buyers have regained control. The downside remains clear as well. A close below $1.29 would weaken the current bullish structure. It could also raise the chance of a deeper move toward $1.
He also shared that patience matters in the current setup. In his view, traders should wait for the Bollinger Bands to break before entering positions.
More Crypto Online says XRP still sits inside a broad corrective triangle as the token failed in a recent upside breakout attempt. As a result, the current structure remains range-bound.
The analyst added that the latest move lacks impulsive strength. That means the market has not yet shown the strong push needed for a lasting breakout. For now, XRP still trades inside a broad corrective pattern.
At the time of the report, XRP traded near $1.37, a 1.5% fall over the past 24 hours, thus moving farther from the $1.40 level.
Read More: XRP Bollinger Band Squeeze Signals Breakout as SEC Buzz Builds
A viral claim has spread across crypto social media. It states JPMorgan and Ripple are moving toward a major settlement or strategic partnership claim has fueled fresh talk about XRP.
The post says a real transaction did involve JPMorgan’s Kinexys infrastructure and the XRP Ledger. That transaction also involved Ripple, Mastercard, and Ondo Finance. It allowed Ripple to redeem Ondo Finance’s on-chain short-term U.S. government debt product.
Even so, reports say the step from 'interacted with' to 'partnered with' does not hold up. JPMorgan runs its own blockchain system, Onyx, and its own internal payment tools, including JPM Coin.
The same report adds that Jamie Dimon has criticized public cryptocurrencies while still recognizing blockchain’s value. Mastercard’s Multi-Token Network also links different ledgers without favoring public tokens. Evernorth later said XRP served as a coordinating layer in a specific transaction, not as proof of a formal partnership.
XRP remains in a tight consolidation range as traders watch the key $1.50 resistance and $1.29 support levels. The Bollinger Bands squeeze suggests a major move may be near, but confirmation is still needed before any clear direction appears.