XRP Testing Decision Lines: Gaussian Chart Indicates a Breakout at $2.15 or $1.56

The XRP market has reached a critical point for its medium-term prospects. The current price at $2.04 signals a gradual erosion of optimism from recent days, confirmed by a 4.36% decline over the past week. The scenario unfolding for investors now depends on two key technical levels.

Gauss Chart as a Roadmap

A technical analysis expert pointed out that the weekly Gauss chart for XRP remains in a bullish structure, albeit with clear limitations. This channel forms upper and lower bands, between which the asset’s price oscillates. The central regression band, located around $2.15, currently serves as the main demarcation line. The asset is trading below this level, indicating that in the short term, sellers are taking the initiative, regardless of whether the broader trend remains unchangedly bullish.

The lower band of the channel’s regression is around $1.56. This area is not accidental – it represents a potential “bottom” for a correction that would still be harmoniously integrated into the long-term upward formation.

Multi-Month Support in Focus

Analysts emphasize the crucial role of multi-month support, which has historically protected XRP during previous phases of market volatility. This support is located just above $2 and has been tested in recent sessions. Breaking below it would be a signal that selling pressure has significantly increased.

The Gauss chart clearly shows this sequence: if the market does not recover the $2.15 level, the next natural target becomes the lower band at $1.56. The process is progressive – each breach of lower support shifts the market’s balance of power.

Two Scenarios Developing on the Horizon

The positive scenario requires a weekly close above $2.15. Such a move would bring XRP back into the upper half of the Gauss channel, signaling a return of buyers to the initiative. In this case, the bullish sentiment would be reinforced.

The alternative scenario begins with a breach of multi-month support. In that case, an almost certain consequence would be testing the lower regression band around $1.56. Although this correction would be significant in percentage terms, it would still remain within the bounds of the bullish Gauss channel.

The future of XRP will thus depend on whether buyers can take the initiative and regain the strategic level or if sellers will drive the asset toward a deeper correction.