Search results for Gaussian channel
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.
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.
