XRP Enters Rare Zone Seen Before Major Price Moves
XRP has entered a rare technical zone that has only occurred seven times in the past 13 years, according to analyst ChartNerd.
This rare zone is called the weekly Gaussian Channel, and it has historically been an important buying zone for XRP. In fact, drops below this lower boundary have often been followed by periods where XRP formed a base before making bigger price moves.
ChartNerd highlighted several examples of times when XRP reached the lower end of the Gaussian Channel, including 2014, 2017, 2020, and 2022. Each time, this led to major changes in XRP's price.
The current setup in 2026 looks similar to these previous cycles, with XRP still below the key Gaussian level after recovering from $0.98 to around $1.38. ChartNerd believes that another long accumulation period will make XRP's next breakout even stronger.