Analyst: Time is running out for XRP—prepare for the next move.

crypthub

about 5 hours ago

Current Consolidation

XRP has been stuck below a strong resistance zone for four months, failing to break $1.65. Price now hovers around $1.33 after repeated rejections between $1.50‑$1.65. The chart shows a tightening pattern since February with multiple failed breakouts. Analyst CasiTrades warns the “clock is ticking” as the asset remains in this range.

Key Support Levels

If the rally stalls, XRP may dip toward lower macro support at $1.10 and $0.87, identified on Coinbase. The 0.702 Fibonacci level sits near $1.36, while the 0.786 retracement lies around $1.08. A final downward flush could complete an Elliott‑wave structure before a reversal. These zones represent the next likely testing points.

Potential Recovery

A decisive move above $1.65, turning the zone into support, would signal the first real trend shift. The analyst projects a steep upward trajectory, with Fibonacci extensions targeting $2.02 and possibly beyond. Once the correction ends, price could climb past $2 in the coming months. Investors are urged to conduct their own research.