The $XRP signals you can't ignore..
XRP's 3-month Gaussian Channel retest setup is beginning to look much more interesting. Alongside it, the Heikin-Ashi candles are printing strong bearish bodies with no upper wicks, adding confluence that although we may witness some relief in the short-term, this overall move down may not be over just yet.
Hear me out...
The current upper regression band rests at $0.86 and is likely to gradually climb over time from this coverage. Historically speaking, every prior cycle to date has has at least one point of contact on the channel, sometimes even sweeping below it multiple times before witnessing major price appreciation.
It goes deeper; this pattern has historically occurred every 3 years to date. 2017, 2020, 2023, and now we are once again approaching the same signal in 2026.
No one has a crystal ball. We can only do the best with the data that is provided to us, and past results are not indicative of future potentials/results by any means.
So you have to ask yourself..
Does this mean we should completely rule out the rhythm that has kept this trend alive for nearly over a decade, or should we simply ignore the fact it's happened because there are no guarantees of future outcomes?
Either way and overall, with a 72%+ drawdown over the last 11/12 months we are closer to generational entries than any kind of euphoria or max greed and should really be starting to look at these prices (or anything lower) as long term macro potentials for significant upside reward.
Never financial advice.
Op: chartnerd