Analyst Cantonese Cat has highlighted a potential significant price movement for XRP based on technical indicators.
Technical Analysis of XRP
In a tweet posted on July 5, 2025, Cantonese Cat noted that XRP’s two-day chart is showing a classic Bollinger Band squeeze, which often precedes heightened volatility. "$XRP 2 day, Bollinger band squeeze. Big move likely to come soon," the analyst stated, alongside a chart illustrating the current setup.
Market Uncertainty
The analyst did not speculate on whether the expected move will be bullish or bearish but focused solely on the likelihood of an imminent increase in volatility. The Bollinger Band squeeze is generally regarded as a neutral pattern until the direction of the breakout is confirmed. On the chart, XRP remains near its 20-period moving average, which has remained relatively flat during the consolidation.
Monitoring Recommendations
The clear message from Cantonese Cat’s tweet is that the market is entering a critical phase where volatility is likely to return. The analyst did not provide further commentary on potential catalysts that could drive the next move. Instead, the emphasis was placed solely on the visible technical pattern.
Cantonese Cat’s analysis presents a technical signal worth monitoring closely. The Bollinger Band squeeze on XRP’s chart suggests a high probability of a larger price movement ahead, whether it materializes to the upside or downside is still to be determined.
