XRP has lagged behind its competitors in this year's bull market surge, and an analyst suggests that its bullish momentum is fading. Renowned as Egrag to his 51,000 followers, the analyst utilized the Gaussian Channel indicator to analyze the price trajectory of XRP, tracing back to 2014 to identify its historical patterns.

According to Egrag, the Gaussian Channel is instrumental in gauging volatility levels and determining support/resistance levels. While the Gaussian Channel isn't widely used by experts, Egrag emphasizes its significance in risk management and making informed trading decisions.

Currently, Egrag predicts that XRP is transitioning from Zone A to Zone B, with Zone C anticipated to begin in July and extend into the next year. Despite XRP's recent stability around $0.5-$0.55, critics have questioned its performance compared to other cryptocurrencies.

Nonetheless, supporters like Abdullah Nassif highlight XRP's long-term vision of revolutionizing global finance, urging investors to maintain focus amidst market fluctuations. Additionally, the XRP community continues to innovate and form partnerships, demonstrating its resilience beyond mere speculation.