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XRP down 72 percent in a year; analyst says it resembles past rally pattern

XRP is moving back toward a key support area on long-term technical indicators, an analyst said. ChartNerd said XRP is again approaching the upper regression line of a three-month Gaussian channel after a recent decline. He said similar tests in 2017, 2020 and 2023 were followed by strong advances, and a comparable move could occur in 2026. He also cited ongoing selling pressure signals and said no indicator can predict prices with certainty.