XRP Break Below Gaussian Channel Signals Bear Market Warning
Analyst Steph Is Crypto spots XRP slipping below its Gaussian channel, a pattern that preceded bear markets in 2018 (−74.55%), 2022 (−61.27%) and 2024 (−16.66%). At $2.28, XRP could see further drops to $0.58, $0.88 or $1.90 based on historical declines. Notably, the 2024 pullback was followed by a rapid 500% rally to $3.39 by January 2025, suggesting a potential upside to $13.68 if history repeats. Traders should monitor XRP’s short-term structure and momentum. While the signal leans bearish, recent bullish moves hint at the possibility of a quick recovery. This analysis highlights key XRP price projections, technical risks and the importance of momentum in defining market direction.
Bearish
A break below the Gaussian channel is historically a bearish trigger for XRP. In 2018, 2022 and 2024, similar breaches led to steep declines of 74.55%, 61.27% and 16.66%, respectively. Such patterns often increase selling pressure and signal trend reversals. Although the 2024 drop was followed by a swift 500% rally, the immediate outlook remains bearish as momentum indicators align with downside risk. Traders should brace for potential short-term weakness while keeping an eye on support levels for any signs of a rebound.