XRP Bollinger Bands Enter Tight Squeeze as March CPI and FOMC Dates Approach
By the end of the first week of March, XRP's price chart showed a pronounced Bollinger Bands squeeze, with the token trading in a narrow $1.32–$1.46 range and volatility at extremely low levels. This pattern, last seen before a rally of more than 25% in January, is forming as the February CPI data arrives on March 11 and the FOMC meets on March 17–18, potentially acting as catalysts for the next major move.