@hazerush
Bollinger Bands consist of a middle band (the moving average) and two outer bands set two standard deviations away. When cryptocurrency prices move closer to the upper band, it may signal overbought conditions, while a move toward the lower band could indicate oversold conditions. The distance between the bands is a key indicator of volatility. A contraction in the bands suggests low volatility, while an expansion indicates high volatility, which could lead to significant price movements.
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