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Cryptocurrency News Articles
John Bollinger Hints XRP May Be Poised to Emerge as a Market Leader
Mar 18, 2025 at 12:52 am
Renowned trader John Bollinger recently took to X to share his thoughts on XRP, marking his first public mention of the token in years.
Renowned trader John Bollinger recently shared his thoughts on XRP, marking his first public mention of the token in years. The trader, known for the technical indicator Bollinger Bands, used a Greek mythology metaphor to praise XRP's resilience, setting the stage for a potential leadership shift in the crypto market.
Of all the major crypto vehicles, Ripple resisted the recent singing of the Siren’s song best. Could this be setting the stage for an emergence from the lagging role to take the lead? Only time will tell. But it’s an interesting question to ponder.
— John A. Bollinger (@bollingerbands) September 5, 2023
In his post on X, formerly Twitter, Bollinger stated, "Of all the major crypto vehicles, Ripple (XRP) resisted the recent singing of the Siren’s song best. Could this be setting the stage for an emergence from the lagging role to take the lead? Only time will tell. But it’s an interesting question to ponder."
His remarks suggest that XRP may be poised to emerge as a market leader. The trader's post comes after a period of market turbulence, which saw Bitcoin struggle to break through the $50,000 barrier.
In contrast, XRP has demonstrated impressive strength, remaining in positive territory despite the broader market slump. Over the past week, the token surged 7.78%, compared to Bitcoin's modest 1.55% gain.
This bullish momentum is fueled by two major catalysts. Earlier this week, Franklin Templeton filed for an XRP ETF with the U.S. Securities and Exchange Commission (SEC). This filing follows a similar move by Cathay Bank to launch a Bitcoin ETF.
Moreover, reports indicate that the high-profile Ripple v. SEC lawsuit may soon conclude. A hearing is scheduled for Thursday, where the S.E.C. will present its argument against summary judgment.
As institutional interest grows and legal clarity improves, XRP's future in the crypto market looks increasingly promising. With Bollinger's endorsement adding further credibility, traders and investors are now eyeing XRP as a potential frontrunner in the industry.
The post John Bollinger Hints at XRP's Leadership Potential as Token Defies Market appeared first on TokenPost | A Crypto Web Magazine.
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