Search results for Gaussian Channel
Crypto
XRP bullish target debate heats up as analyst says $1,000 is unrealistic
An analysis said XRP price targets of $750 to $1,000 based on a long-term cup-and-handle pattern do not fit the chart structure. Chart analyst Chartnurd set measurable targets at $8.47, $13.70 and $27.31 using Fibonacci extensions. The analysis treats the post-2025 decline as a handle formation and marks potential support at $0.894 and $0.642. It says the $8 to $27 range is a projection only if a breakout is confirmed.
Crypto
XRP enters ultra-rare zone seen only seven times in 13 years, volatility ahead
XRP has re-entered a rare technical zone that has repeatedly appeared ahead of major price swings, according to an analyst cited by Decrypt. Chartnerd said XRP is trading below the lower band of the weekly Gaussian channel, a condition seen only seven times over 13 years. He said previous occurrences were followed by major repricing, but warned the indicator should not be used to time an exact bottom. He expects consolidation may persist before a larger move.
Crypto
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.