Altcoins News

Story: XRP Bull Target Revealed: Analyst Predicts Major Upside Using Gaussian Channel

By Maheen Hernandez

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XRP Holds Firm Amid Market Slowdown. XRP has remained relatively stable even as broader crypto markets have shown signs of fatigue.

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Gaussian Channel Analysis Suggests Untapped Potential. EGRAG’s analysis is centered on the Gaussian Channel, a popular technical tool that identifies…

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The Case for a “Diminishing Downside”. Beyond potential upside, EGRAG also highlighted a long-term pattern of diminishing downside risk…

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Other Analysts See Short-Term Pullback Before Breakout. While EGRAG focuses on the broader picture, other analysts foresee a temporary correction before…

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Institutional Sentiment and ETF Momentum. Beyond technical charts, institutional interest in XRP continues to grow. The possibility of a U.S.

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Long-Term Outlook. EGRAG’s analysis ultimately paints a bullish picture for XRP.

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The crypto market has been showing mixed signals this week, but one prominent analyst believes that XRP still has significant room to climb.

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While some market participants warn of a deeper pullback ahead, EGRAG Crypto maintains that XRP’s structure is still bullish and that the coin has not yet seen its final rally…

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EGRAG’s analysis is centered on the Gaussian Channel, a popular technical tool that identifies price trends and market momentum over time.

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According to his two-week Gaussian Channel chart, XRP remains within a bullish structure and has not signaled a cycle top.

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He also dismissed the notion that XRP’s returns are diminishing over time. Many analysts argue that each successive crypto cycle delivers lower percentage gains, suggesting that…

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He notes that during the 2021 bull market, XRP surged more than 1,700% despite ongoing legal battles with the SEC.

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In the first major crypto downturn, XRP fell by 96%, followed by an 86% decline in the second bear cycle — an improvement of 10%.

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EGRAG projects that if XRP reaches between $5 and $6 during this cycle, the next market bottom could stabilize around $1.20 to $1.40.

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He advises long-term investors who accumulated XRP below $0.50 to stay calm, suggesting they are still well-positioned for strong gains over the next cycle.

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