Yes

>>An analyst predicts that XRP must experience one last dip before its next significant price breakout.

An analyst predicts that XRP must experience one last dip before its next significant price breakout.

crypthub

7/3/2026, 9:25:29 PM

XRP Market Thesis and Current Movements

Analyst CasiTrades notes that while XRP is regaining some momentum above the $1 area, this recovery is insufficient. She predicts the asset requires one final dip before a significant market advance begins. The current price action is expected to undergo a corrective phase in the short term.

Technical Analysis and Support Zones

The technical analysis combines Elliott Wave and Fibonacci levels to map the expected price path. The chart projects the completion of a five-wave decline before a reversal. Key convergence points identify $0.87 as the primary and critical support area.

Predictive Indicators and Next Steps

Relative Strength Index signals support for an anticipated drop toward oversold territory. This final decline is believed to align various bullish divergence signals across multiple timeframes. A temporary dip below $1.09 is expected before the corrective structure concludes.

Long-Term Outlook Remains Optimistic

Despite the short-term expected decline, the overarching view remains strongly bullish. CasiTrades anticipates that the corrective structure is nearly finished. Once the final low establishes itself, a major market reversal could propel XRP toward a new all-time high.