Crypto analyst Steph Is Crypto has highlighted several technical signals suggesting XRP may be nearing a major reversal, indicating the possibility that the cryptocurrency has already marked its bear market bottom.
XRP approaches key technical levels
The analyst observed that, although XRP has experienced recent price weakness, its current position does not fully support a bearish outlook. Instead, XRP is now testing crucial long-term support levels that may shape its next move.
Steph Is Crypto reviewed XRP’s weekly, daily, and two-week charts, focusing on historical trend lines, Fibonacci retracement levels, and the Gaussian Channel indicator to assess the market structure. His analysis began with a downward trend line that guided XRP’s price from July 2025 through August, noting that multiple rejections from this line preceded a breakout last summer.
Currently, XRP is retesting the broken trend line from above, which he considers a healthy development. “If XRP can maintain this position, there’s a chance to preserve the uptrend,” he explained during his video broadcast on X.
He identified $1.10 as a particularly significant price level using the daily chart and 0.786 Fibonacci retracement, which XRP tested after briefly dropping to approximately $1.06. At the time of the analysis, XRP traded around $1.11, mirroring its price action from February 2026, when it previously rebounded from the $1.10 mark.
A daily close above $1.10 is needed to retain upward momentum, Steph Is Crypto argued. If the price fails to hold, he sees the August low of $0.98 as the next important support zone.
| Support Level | Status |
|---|---|
| $1.10 (Fibonacci 0.786) | Current key support |
| $0.98 (August low) | Secondary support if $1.10 fails |
Gaussian Channel suggests end of bear market
In his broader technical overview, the analyst considered the Gaussian Channel on XRP’s two-week chart. He noted that XRP is currently positioned just below the channel, a pattern historically appearing near the conclusion of previous bear markets.
Steph Is Crypto pointed to both May 2020 and November 2022, during which the channel switched from green to red at moments when XRP was establishing bear market bottoms and forming higher lows. The Gaussian Channel’s current red reading, last seen in June 2024, may signal a local bottom and a potential shift in market trend.
He added that, although historical indicators do not guarantee a recovery, current technical conditions appear more favorable for XRP holders who are monitoring for signs of a reversal.
Mini dictionary: Gaussian Channel — A technical analysis indicator that visualizes trend direction and potential reversal points by using a smoothed moving average and standard deviation bands to highlight periods where the price is above or below typical levels.
Analyst maintains long-term outlook
The analyst also studied an upward trend line that has supported XRP since 2020. Despite temporary deviations below this line in 2024, he noted the current price remains closely aligned with long-term structural support.
Based on this technical setup, Steph Is Crypto encouraged XRP holders to remain confident, urging them not to react hastily to short-term volatility.
He revealed that he is using current price levels to dollar-cost average into XRP, showing his personal conviction in the asset’s longer-term outlook.
Steph Is Crypto emphasized that the $1.10 price zone and the August low at $0.98 will play a pivotal role in determining whether XRP can sustain its structure of higher lows and capitalize on the potential for recovery shown by recent technical indicators.
Steph Is Crypto is an independent crypto market analyst known for his technical analysis of major digital assets on social media platforms.
