## XRP at a Crossroads Again: Can It Return to $2.15 or Will It Witness a Deep Correction?

In the context of the constantly fluctuating cryptocurrency market, XRP is currently facing an important technical test. According to recent regression analysis, the price of this coin has fallen below a critical level, creating a challenging situation for investors holding positions.

### Current Situation of XRP

With the current price at $2.05 (down 2.33% in 24 hours), XRP is in an uncertain zone. The weekly chart continues to maintain the Gaussian Channel structure with an upward trend, but only by a narrow margin. The market is slowly being compressed downward within this channel, a signal indicating that buying strength is gradually weakening.

The multi-month support level around the current zone $2 is still being held, but this is the last line of defense before selling pressure could increase. If this zone is broken, the market will seek the next target at $1.56, where the lower regression band of the Gaussian Channel lies.

### Regression Analysis and Critical Points

According to technical experts' analysis, the middle regression band of the Gaussian Channel currently around $2.15 plays a crucial role in deciding the next direction. This is not just an ordinary resistance level – this band often determines whether the upward trend will continue or a deeper correction will occur.

To avoid further decline, XRP **MUST** regain and close the weekly candle above $2.15. If this cannot be achieved in the coming weeks, market sentiment will shift to negative expectations, and sellers will gain short-term control.

### Two Possible Scenarios

**Positive Scenario:** If XRP returns above $2.15 and maintains this level, the upper half of the Gaussian Channel will be protected. This will signal that buyers have regained control, paving the way for the next recovery.

**Negative Scenario:** If the support $2 is broken, the market will quickly head toward $1.56 – the next downside target. Although this still falls within the long-term bullish channel, it will trigger a significant correction from the current level.

### What Should Be Done Next?

With XRP at $2.05, investors should closely monitor price action in the coming weeks. The $2.15 level is a decisive point – if it cannot be surpassed, risks will increase. At the same time, the support level $2 also needs to be carefully watched, as another failure here could weaken market confidence in this level.

Although the Gaussian Channel still maintains an upward slope, indicating that bullish momentum remains potential, XRP is currently in a delicate balance between gains and losses.