XRP could remain trapped in a narrow price range for the next two years, according to recent technical analysis using Bollinger Bands. The indicator suggests the token is entering a phase similar to its long accumulation period from 2022 to 2024, which lasted 791 days before a significant price surge.

Currently, XRP trades between $1.06 and $1.10, with Bollinger Bands on higher time frames tightening, indicating reduced volatility. If history repeats, this pattern points to a prolonged sideways movement lasting until about August 2028. This stagnation contrasts sharply with Ripple’s expanding business operations.

The fading institutional interest in U.S. spot XRP ETFs, with weekly volumes dropping to just $2 million $12 million, supports this subdued outlook. Meanwhile, the launch of Ripple Mint for the RLUSD stablecoin, now valued at $1.5 billion, shows banks are adopting Ripple’s technology but aren't necessarily driving demand for XRP tokens in settlements.