XRP Faces Critical Technical Test Amid Decline Below Gaussian Channel

Crypto analyst Steph Is Crypto has issued a critical XRP price warning to holders. According to his analysis, XRP's recent decline below its weekly Gaussian Channel is a significant technical test for the cryptocurrency.

Steph compared XRP's current market structure with its price action during the 2022 bear market, highlighting similarities between the two setups. In 2022, XRP broke below the Gaussian Channel and collapsed significantly before forming a double bottom that preceded a larger move higher.

The analyst believes XRP is showing a similar setup in 2026, with January being the period when it first fell below the channel following its major bull run. He previously expected XRP to retest the area between $1.50 and $1.60, which has now occurred.

Steph identified the area around $1.30 as an important support level, noting that it provided substantial support between February and May 2026. However, he cautioned that a deeper correction toward this region could present what he considers an attractive entry point for investors looking for a lower price.