Coinpaper
2026-04-29 12:55:21

Gaussian Bullish Switch Could Be the Catalyst XRP Needs to Break the Deadlock

XRP Bull Switch Reappears as Rare 13-Year Signal Aligns With $2 Breakout Potential According to market analyst ChartNerd, XRP may be on the verge of one of its most important technical moments in years as a rare “ Bull Switch ” setup approaches a critical test. At the center of this signal is a Gaussian retest that, if confirmed, could mark the beginning of a broader upside expansion phase. What makes this setup stand out is its rarity. Over the past 13 years, this specific XRP “Bull Switch” structure has only been printed three times. Each occurrence preceded a major cycle top in 2017, 2021, and most recently the 2025 highs. This historical context is fueling renewed attention across trading desks, especially as the pattern appears to be forming again in 2026. ChartNerd notes that the current structure should not be approached with fear if the chart confirms the retest successfully. Instead, it could signal a major launchpad phase, where momentum begins to build beneath the surface before a stronger breakout attempt develops. XRP Tightens at $1.40–$1.46 as Volume Surge Hints at an Imminent Breakout Move From a price perspective, XRP is currently trading at $1.39 according to CoinCodex data, keeping it tightly compressed just below a key resistance band. Market participants are closely watching the $1.40 to $1.46 zone, which has now become a critical consolidation range following a recent liquidity sweep. This area is acting as a battleground between short-term sellers and accumulating buyers, with price stability here seen as essential for continuation. Adding to the bullish undertone, trading activity on Bitrue has surged significantly. XRP volume on the exchange has increased by 7x within a 24-hour window, driven primarily by rising buy orders and a noticeable drop in selling pressure. This shift suggests that accumulation is quietly building, even as price action remains relatively muted. If the bullish structure plays out as previous cycles have, market observers believe XRP could eventually challenge the psychological $2 level. While this remains a key milestone rather than an immediate target, the combination of historical pattern repetition, tightening price action, and rising spot demand is giving traders reason to stay attentive. Well, XRP remains in a decisive phase. The next move out of this compressed range could determine whether the market is simply consolidating, or preparing for a much larger structural shift.

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