XRP is once again attracting attention from cycle analysts as its price slides toward a zone that has historically preceded major recoveries. With the Gaussian Channel flashing familiar signals on the 2-week chart, traders are watching closely to see whether this dip marks a true bottom or a prelude to further losses.
Gaussian Channel Points to a Familiar Bottoming Zone
On the 2-week chart, XRP's price is now approaching the lower band of the Gaussian Channel, a region that has repeatedly coincided with major cycle lows in previous years. As ChartNerd noted, the setup looks close to a bottom, though the process is not fully complete. Historically, every time XRP has dipped into this lower band, it has eventually staged a significant rally, making the current positioning a key area of interest.
XRP has dropped from above $3 to the $1.5-$2 range, aligning with the lower Gaussian Channel zone, a level analysts have flagged as a potential support floor. Momentum indicators in the lower panel are also depressed, visually matching where cycle lows have formed in the past.
Downside Risk Remains if $1 Support Breaks
Despite the bullish historical pattern, analysts are not ruling out a deeper correction. ChartNerdTA flagged the possibility of a move below $1, which would push XRP toward the lower extreme of the current cycle band. Earlier coverage on TheTradable highlighted a 42-day countdown to a historical bottoming window, suggesting the timeline for a resolution is narrowing.
Separate analysis has also pointed to a potential drop toward the $0.73 Gaussian Channel midline, a scenario that would represent a full reset of the current cycle structure. A recurring pattern of 40%-plus pullbacks following retests of the upper regression zone adds weight to the bearish case.
How XRP behaves within this lower band over the coming weeks may determine whether the market confirms a new accumulation phase or extends the correction further. Cycle-based tools like the Gaussian Channel tend to highlight sentiment extremes and structural resets, and right now XRP sits squarely in that territory.
Usman Salis
Usman Salis