Search results for Gaussian Channel
Crypto
XRP 8 dollar scenario amid weakness; analyst says risk-reward favorable
XRP has re-entered the lower band of the Gaussian Channel on a two-week chart, a level an analyst described as offering favorable risk-reward. XRP fell to $1.11 amid broader crypto market weakness and is down 16.39 percent in June. Analyst Egrag Crypto said the channel’s central line is a key divide between accumulation and profit-taking. He outlined upside targets near $8 and $5.7 depending on cycle strength and a central-line recovery.
Crypto
XRP may return to key support zone as bitcoin decline weighs
XRP could retest a long-term core support zone in 2026, according to an outlook cited by The Crypto Basic. Analyst ChartNerd said XRP’s long-term Gaussian channel suggests a pullback toward the mid mean-reversion band next year, noting past cycles often returned toward the channel’s center after sharp rallies. XRP is trading around $1.31 after falling 4 percent in 24 hours as bitcoin slipped to $74,000, weighing on broader risk sentiment.
Crypto
XRP enters final correction zone before rally, with Q4 2026 a crucial moment
XRP has reached a long-term technical turning point, drawing investor attention. Cointelegraph reported that analyst ChartNerd warned many retail investors may not endure an upcoming correction. XRP rebounded to $1.60 and is trading around $1.45. ChartNerd sees a multi-year triangle crossroads, with a decisive moment around the fourth quarter of 2026. He also cited Gaussian channel patterns suggesting a pullback toward about $0.73.