⬤ XRP is showing early hints of a possible turnaround, though it's still trading below the level that would actually confirm it. The Gaussian Channel indicator is lighting up with reversal signals, but there's still a real chance of further drops unless XRP can push back above its previous $1.80 support zone. Looking at the chart, you can see the price has tested the upper and mid channel bands multiple times over past cycles.
⬤ When you dig into XRP's history, it tends to dance around these Gaussian Channel zones right before making big moves. What we're seeing now looks a lot like those earlier phases when the price was stuck near channel support before breaking out. The problem? We're still below that reclaimed support area, which means the trend change isn't officially confirmed yet.
⬤ Here's the bottom line: if XRP can't recover that $1.80 level, we could be looking at a drop toward roughly $0.70. The Gaussian Channel has lined up with major turning points before, making this level particularly crucial for anyone trying to figure out their position. Similar setups have been explored in XRP tests $0.70 crossroads.
⬤ Why does this matter? Because these long-timeframe confirmation levels often decide whether markets shift from sideways trading into expansion mode. How XRP behaves around $1.80 could determine its next big move and set the tone for crypto sentiment overall. Right now, it's a waiting game.
Usman Salis
Usman Salis