One resistance zone has capped XRP for weeks. Crypto analyst CasiTrades (@CasiTrades) believes the asset’s price has one more push left before that zone decides its direction. XRP trades at $
One resistance zone has capped XRP for weeks. Crypto analyst CasiTrades (@CasiTrades) believes the asset’s price has one more push left before that zone decides its direction. XRP trades at $1.4995 on the 4-hour Coinbase chart, up 0.87%. Her chart points to a run toward $1.70 followed by a deeper correction.
A Third Test of Major Resistance
CasiTrades expects XRP to complete one more wave up and retest the $1.65 to $1.70 resistance. XRP has consolidated beneath that area for weeks. She zoomed in on wave 5 and showed “the subwaves still don’t look complete.”
Her chart shows a pink box near $1.70. The 0.5 extension sits at $1.6568, and the 0.618 extension sits at $1.7052. A green band between roughly $1.53 and $1.64 sits just below it. XRP currently trades inside a small wedge under that band.
Watching the RSI Divergence
The macro RSI already prints bearish. CasiTrades wants “another degree of bearish divergence” as price nears resistance. The RSI reads 49.27 on her chart. A green arrow shows it climbing toward a descending black trendline. She says divergence would confirm that wave 5 has run out of strength and that wave 1 is complete.
Patience At Wave 5 of Wave 5
CasiTrades urges patience at current levels. Wave 5 has already reached its 0.5 extension. A buyer today would enter wave 5 of wave 5 of wave 1. She calls that “a lot of 5s” for anyone chasing the move out of FOMO.
The chart supports her count. XRP bottomed near $1 in August and started wave 1. It surged to the wave 3 high near $1.70, then fell to the wave 4 low near $1.25 in September.
Downside Targets After the Top
CasiTrades names $1.26, $1.10, and potentially $0.87 as targets. An orange path on the chart drops to wave 2 near the 0.618 retracement at $1.2614. The 0.382 level at $1.4310 and the 0.5 level at $1.3462 sit along the way.
A lower green zone near $1.09 lines up with the 0.854 and 0.786 levels. The deepest target sits near $0.8746, a level she has reiterated throughout 2026. The orange path turns sharply higher after wave 2.
The Signal That Changes Her Outlook
CasiTrades names one development that would change her mind. She wants “A strong push through ~$1.80” with the RSI breaking its previous high. That would replace divergence with strength. Until then, she focuses on the $1.65 to $1.70 zone.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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