In a recent video, Steph Is Crypto (@Steph_iscrypto), a well-known cryptocurrency analyst on X, noted that a similar pattern marked the start of bear markets in both 2018, 2022, and 2024.
“This is not bullish,” he said, recalling how previous breaks below the channel historically confirmed downward trends. During the 2018 breakdown, XRP fell by 74.55%. In 2022, it declined by 61.27%, while the 2024 instance resulted in a 16.66% drop before its price quickly rebounded.
Each of these declines followed an initial move below the Gaussian channel,
https://twitter.com/Steph_iscrypto/status/1987814487290732846?ref_src=twsrc%5Etfw” rel=”nofollow noopener” target=”_blank
At the time of his analysis, XRP traded at $2.28. If the same historical percentages were to repeat, XRP could drop to around $0.58 in a 74.55% decline, $0.88 in a 61.27% fall, or $1.9 in a milder 16.66% pullback. Such projections place the asset in a potential range that aligns with previous corrective phases.
However, XRP’s recovery in 2024 showed that temporary dips below the Gaussian channel do not necessarily mean prolonged weakness.
Following its 16.66% decline in 2024, XRP rebounded dramatically, soaring more than 500% to reach $3.39 by January 2025. That rally defied broader market expectations at the time and highlighted XRP’s capacity for rapid price recoveries once bearish sentiment fades.
https://twitter.com/kryptonewscom/status/1934162718258499855?ref_src=twsrc%5Etfw” rel=”nofollow noopener” target=”_blank
Applying a similar percentage increase to XRP’s current level suggests that, if history were to repeat, a 500% surge from $2.28 would project a potential move toward approximately $13.68. While such gains remain speculative, the comparison highlights how XRP has historically transitioned from deep corrections to strong upward trends within relatively short timeframes.
Steph Is Crypto’s assessment emphasizes the importance of watching XRP’s short-term structure rather than assuming a fixed outcome. Whether XRP follows the 2018 and 2022 patterns or mirrors the 2024 recovery will depend largely on external market factors.
While XRP remains technically sensitive, it is currently showing bullish signals after a notable rally over the past 24 hours. If the digital asset can maintain this positive momentum, its ability to recover swiftly could redefine how traders interpret such technical patterns.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent BitcoinLinux’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. BitcoinLinux is not responsible for any financial losses.
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The post Analyst Spots XRP Bear Market Signal. Here’s What Is Coming appeared first on BitcoinLinux.
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