XRP has returned to a major resistance area after a sharp recovery from the lower levels. Crypto analyst CasiTrades (@CasiTrades) showed this move in a recent chart. It has pushed XRP back to
XRP has returned to a major resistance area after a sharp recovery from the lower levels. Crypto analyst CasiTrades (@CasiTrades) showed this move in a recent chart. It has pushed XRP back toward the macro Fibonacci levels that have shaped the analyst’s setup for months.
The chart shows XRP trading near $1.50, with the macro .618 Fibonacci level sitting at $1.6371. That level is the key threshold for the next phase of the move.
CasiTrades highlighted the importance of this level in his post, noting that XRP needs to prove it can sustain the rally. The next price action around $1.63 could therefore determine whether the digital asset’s recent recovery develops into a larger structural move.
The Level Everyone Should Watch
The chart places the macro .618 resistance at $1.6371. XRP recently pushed into this region before moving lower, leaving the main hurdle for bulls.
A sustained move above $1.6371 would give XRP a significant technical development. CasiTrades specifically wants to see the price break above the macro .618 and then return to test that level as support.
That retest would show that buyers can defend the former resistance. CasiTrades described this confirmation as the “structural shift” that would signal the beginning of a new trend.
Higher Targets Come Into View
The chart also marks additional Fibonacci levels above the current price. The 0.618 level near $1.5331 and the 0.65 level around $1.5320 sit close to the current trading area. XRP’s ability to hold above these levels can help establish momentum toward the larger resistance near $1.6371.
A successful move through $1.6371 would place the next major chart reference near $2.0246, marked by the 0.5 Fibonacci level. That would give XRP a clear technical path toward the upper portion of the chart.
Key Support Levels for XRP
CasiTrades’ chart also identifies important support areas below XRP. The $1 region remains a major reference, while the $0.87 area, which she has consistently highlighted, sits within a larger Fibonacci support zone.
The chart marks the 0.786 level near $1.0854. It also shows the 0.618 level around $0.8746, with another support reference near $0.8621. For now, the central setup remains focused on XRP’s ability to reclaim $1.6371.
XRP has already completed the recovery that brought it back to this resistance zone. The next move will show whether buyers can turn that recovery into a sustained trend.
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