- XRP retests $2.10 near the 0.382 Fib level, showing compression and possible breakout; RSI divergence suggests bullish shift.
- A dip to $1.90 remains likely before recovery, with $1.85 as the key buy zone.
- Resistance at $2.25 and $2.68 must break for upside to confirm; TD Sequential sell signal warns of possible short term pullback.
XRP is approaching an important price zone that could determine its next big move, according to analyst CasiTrades. The asset has been retreating from its recent high of $2.36 and is now trading near $2.13. This level is just above the 0.382 Fibonacci retracement at $2.07.
Price compression on lower timeframes, and signs of selling exhaustion, suggest that a breakout could be forming. CasiTrades warns that the correction remains fragile and that a final flush toward $1.90 is still possible. He also points out that the RSI, now between 38.05 and 39.70, shows a bullish divergence, a condition that typically occurs before a shift in market momentum.
Price Compression and Fibonacci Levels
The correction is within a clear A, B and C structure, with price already peaking at wave (B) at $2.36. Now moving toward wave (C), XRP is testing key Fibonacci zones. The 0.382 level at $2.0775 aligns with the current market price.
Further below, the 0.5 retracement level at $1.9896 and the 0.618 level at $1.9016 are major potential support areas. However, the price may still dip to $1.90 before stabilizing, says CasiTrades.
This zone has acted as a turning point in previous pullbacks. RSI divergence strengthens the argument for an upcoming shift. Still, any bounce must overcome resistance at $2.25 and $2.68 to confirm recovery.
Falling Channel Breakout
Analyst Rose adds that XRP is currently moving inside a falling channel, a consistent downtrend since early 2025. Price action near $2.10 is retesting the channel’s upper boundary. This is often a sign of emerging strength.
Rose identifies $1.85 as a key buy zone and warns that a break below this level could weaken the bullish case. Resistance levels are at $2.95, $3.39, and $3.87. These are possible targets if XRP confirms support and maintains upside momentum.
TD Sequential Sell Signal Caution
Despite short term optimism, analyst Ali warns of potential retracement risk. According to him, the TD Sequential indicator has flashed a sell signal on the 3 day chart. This could imply additional downside pressure in the near term.
As XRP approaches the 0.5 and 0.618 Fibonacci zones, monitoring key zones for any confirmed reversal is important. The coming trading sessions could prove decisive as XRP is near the edge of key technical levels.
