Search results for Gaussian channel
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.
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.