XRP Trades Near $1.40 as Bollinger Bands Signal Potential Move to $1.50

XRP is trading near $1.40, sitting just over 1% below the middle Bollinger Band at around $1.404 on the daily chart, with a weekly close above this level potentially opening room for a move toward $1.50, TradingView data show. Veteran trader Peter Brandt said Bitcoin may continue forming a broad market bottom through summer and into September 2026, with a sustained recovery more likely only after that month, following accumulation phases from September 2025 to March 2026 that each led to lower trading ranges. Shiba Inu has seen inflows of 844 billion SHIB to centralized exchanges, the highest level since the start of 2026, with Arkham data showing more tokens moving onto platforms than being withdrawn as both large and retail holders appear to be positioning for potential sales.