XRP May Target $3.58 Upper Bollinger Band After Monthly Midband Bounce

• Monthly median hold: buyers defended the $2 area, confirming support and a potential rally trigger.

• Upper Bollinger band sits near $3.58, which serves as the next clear resistance on monthly charts.

• Recent volatility was amplified by spot-volume rotation on U.S. exchanges and ETF deadlines, per TradingView and market data.

XRP price: Monthly Bollinger midband hold at $2 suggests upside to $3.58; follow COINOTAG coverage for updates and technical signals.

What is the XRP price outlook?

XRP price has rebounded above the monthly Bollinger midband after a low near $1.58, signaling that buyers stepped in around the $2 support level. On the monthly time frame, this midband reaction often precedes moves toward the upper band, placing $3.58 as the immediate upside reference.

Published: 2025-10-16. Updated: 2025-10-16. Author/Organization: COINOTAG.

How do Bollinger Bands affect the XRP price?

On monthly charts, Bollinger Bands map volatility and mean reversion. The current setup shows the midband acting as a dynamic support near $2, with the upper band at $3.58. A confirmed monthly close above the midband typically shifts the technical bias higher, increasing the probability of a run toward the upper boundary. Data referenced from TradingView and exchange spot-volume metrics support this interpretation.

The market context is critical: the token earlier this week touched $1.58 before recovering to about $2.50, illustrating intramonth range expansion. Spot volumes rotating through U.S. venues and the presence of significant ETF-related dates, such as an October 18 deadline tracked by market participants, have kept volatility elevated.

XRP/USD by TradingView

Technicians who monitor long-term formations note that Bollinger midband reactions frequently presage moves to the opposite boundary of the band system. In XRP’s case, the rebound from the midband increases the likelihood of a test of the upper range if momentum and on-chain flows remain constructive. Price action above the median in coming monthly closes will be the clearest technical confirmation.

Best scenario for XRP price

Under the constructive scenario, XRP consolidates above the midband and then advances toward the upper band near $3.58. The token has attempted to breach the $3 level twice year‑to‑date; those rejections did not invalidate the prevailing uptrend. A successful retest and close above the median by November would logically point to the upper boundary as the next target.

Key catalysts to watch include exchange spot-volume patterns, institutional flows, and regulatory developments cited in official filings and market reports. Sources referenced for market context: TradingView, CoinMarketCap, and relevant exchange data (plain text references only).

Frequently Asked Questions

What technical levels should traders watch for XRP price movements?

Traders should monitor the monthly Bollinger midband near $2 as support and the upper band at about $3.58 as resistance. Confirming monthly closes above the median increase the probability of a move to the upper band; watch spot volume and volatility indicators for conviction.

Will XRP retest its all-time highs soon?

Retesting all-time highs depends on sustained momentum beyond the monthly upper Bollinger band and supportive market flows. A confirmed breach of the midband and consistent volume expansion would improve the odds, but such outcomes require monitoring price action and exchange liquidity in the weeks ahead.

Key Takeaways

• Median band held: The monthly Bollinger midband around $2 served as support and attracted buyers.
• Upper band target: The immediate upside reference is the upper Bollinger band near $3.58, visible on monthly charts.
• Volume and calendar catalysts: Spot-volume rotation through U.S. exchanges and ETF-related deadlines are amplifying volatility and will influence near-term direction.

Conclusion

COINOTAG analysis shows the XRP price reclaiming the monthly Bollinger midband as a constructive technical sign, with the upper band at $3.58 serving as the next principal resistance. Traders and investors should watch monthly closes, spot volumes, and official exchange data for confirmation; COINOTAG will continue to monitor developments and publish updates.

Sources (plain text): TradingView charting, CoinMarketCap data, exchange volume reports, official SEC filings and market statements. No external links provided.