$XRP has entered a rare technical zone that has come before some of its biggest price moves, according to analyst ChartNerd.
In a recent post, ChartNerd said $XRP has traded below its weekly Gaussian Channel only a few times in the past 13 years. He identified seven such periods, saying each was followed by a major change in $XRP’s price.
He highlighted 2014, 2017, 2020, 2022, 2024, and the current 2026 setup as examples of times when $XRP reached the lower end of the Gaussian Channel before a major price move.
$XRP Price Still Below Key Gaussian Level
Analyst ChartNerd says the lower part of $XRP’s weekly Gaussian Channel has historically been an important buying zone. $XRP is still below this level, even after recovering from about $0.98 to around $1.38.
In the past, drops below this lower boundary have often been followed by periods where $XRP formed a base before moving higher.
However, ChartNerd warned that the indicator should not be used to predict the exact market bottom. Instead, he sees the Gaussian Channel as a tool for identifying areas where $XRP has historically built a base before making bigger price moves.
In his words, these ranges have historically been opportunities when $XRP falls into them during a bear market.
ChartNerd also pointed to the scale of some historical moves after $XRP swept beneath the Gaussian Channel. In one example, $XRP eventually recovered by nearly 8x to 9x, while another historical setup was followed by a 100% recovery, highlighting the size of the moves that have followed these zones.
2026 Setup Looks Like Previous Cycles
ChartNerd compared $XRP’s current price pattern with previous market cycles, especially the 2022 bottom. In 2022, $XRP fell below the Gaussian Channel, recovered toward it, and then formed a higher low before starting a stronger recovery.
ChartNerd believes something similar could happen in 2026 if $XRP fails to break above the lower Gaussian Channel. This may lead to another higher low or a double-bottom pattern in the coming months, although more confirmation is needed.
The analyst also looked at $XRP’s two-week Gaussian Channel. He noted that $XRP falling below the lower boundary has previously appeared around major bottoms and bullish signals, including in 2017, 2020, and 2022.
According to ChartNerd, the same signal is now appearing again in 2026.
Only 7 times in 13 years has $XRP spent periods of time accumulating under the weekly Gaussian Channel. Every period of price action below this indicator eventually lead to all major repricing events: 2014, 2017, 2020, 2022, 2024, and now here we are again in 2026.. https://t.co/A5Vl28LEm7
— 🇬🇧 ChartNerd 📊 (@ChartNerdTA) September 8, 2026
Analyst Expects Accumulation Before a Bigger Move
Instead of expecting $XRP to quickly reach new all-time highs, ChartNerd believes the cryptocurrency will spend more time building a strong base.
He pointed to $XRP’s history of long accumulation periods before major price breakouts. For example, $XRP spent several years consolidating between 2013 and 2017 before making a major price move. That price move led to $XRP’s $3.84 peak by 2018.
ChartNerd believes another long accumulation period will make $XRP’s next breakout even stronger, especially as institutional adoption grows.
His long-term outlook extends to 2028, when he believes $XRP will reach $8 or higher. However, he said this would likely require $XRP to spend more time building a base instead of immediately starting another sharp rally.
Ultimately, ChartNerd sees $XRP’s current setup as bullish in the long term, but believes the price could still move sideways or consolidate before the next major move.
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