John Bollinger, the inventor of the Bollinger Bands, is bullish on XRP but notes that its pattern is weaker than those of Bitcoin and Ethereum.
The renowned trader followed up on an earlier Bitcoin post yesterday with technical analysis of Ethereum and XRP prices. He noted that both assets are following a similar bullish pattern to BTC but lag the pioneering cryptocurrency.
Base, Squeeze, and Breakout
For context, Bollinger’s January 5 analysis identified a “near perfect” base for Bitcoin. He used the Bollinger Band squeeze and breakout to highlight this bullish price development, predicting that further price growth is on the horizon.
The analysis shows that BTC reached a base within the Bollinger Band around the $85,000 region. Notably, the cryptocurrency fell to $80,620 on November 21 but quickly rebounded, closing above $85,000. The support region provided a cushion for Bitcoin throughout its consolidatory period in late 2025, serving as the base.
Meanwhile, in early January, the Bollinger Bands squeezed, indicating low volatility. Typically, this precedes a sharp price move in either direction. Eventually, the move favored the upside, with the middle band’s slope confirming the direction.
As a result, Bitcoin has since broken out of its late 2025 price range with its rally past $94,000, and Bollinger is predicting further upside. His first target is $100,000, then $107,000, but he did not rule out higher prices.
Same Pattern for XRP but Weaker
Meanwhile, his latest follow-up tweet highlighted that XRP is following Bitcoin’s price pattern but lags in terms of strength.
Bollinger’s comments come despite the recent XRP bullish breakout, which saw it outperform BTC, Ethereum, and all other assets in the top 15 by market cap. For context, XRP is up 12% and 28% in the past 24 hours and seven days, respectively, above BTC’s 1.3% and 7%, and ETH’s 2% and 9.5%.
However, XRP’s breakout is not as pronounced as that of Bitcoin. The same applies to Ethereum, as Bollinger noted that it has a similar pattern but is delayed. At the time of his analysis, Ether had yet to break its December 2025 high of $3,445.
Nonetheless, Bollinger did not rule out the bullish momentum in XRP. With his prediction that Bitcoin would record higher prices, XRP is likely to follow that price trajectory.
Remarkably, the $8 target is among the most discussed price targets for XRP. Standard Chartered predicts this price level by the end of 2026, with widely followed analyst Charting Guy also sharing a similar target.
DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.
