Analyst: The Clock is Ticking for XRP. Be Ready for This Next Move

XRP continues to trade beneath a major resistance zone after several months of consolidation, with crypto analyst CasiTrades (@CasiTrades) pointing to a decisive period for the asset’s next move.

In a recent tweet, the analyst said XRP has now spent four months attempting to break above $1.65 without success, while her accompanying chart mapped out both downside support zones and a potential recovery path.

The chart shows XRP trading near $1.33 after repeated rejections below the upper resistance band between roughly $1.50 and $1.65. Price action has compressed inside a narrowing structure since February, with multiple failed breakout attempts forming a tightening range.

XRP Consolidation Tightens Below Resistance

CasiTrades wrote that “the clock is ticking for XRP” as its price remains trapped below the major consolidation pattern. According to the analyst, the longer XRP remains below $1.65, the greater the probability of a final move into lower macro support levels before a stronger recovery begins.

Her chart identifies $1.65 as the key breakout point. The level aligns with a large resistance zone highlighted in red, along with a descending trendline that has capped recent rallies since the asset’s price surge in early 2026. XRP attempted to reclaim that region several times through April and May but failed to maintain momentum above it.

The chart’s structure also shows an Elliott Wave-style pattern combined with Fibonacci retracement levels. XRP currently trades close to the 0.702 Fibonacci level near $1.36, while the next major retracement sits around $1.08 at the 0.786 level.

Major Support Zones

CasiTrades has discussed lower support levels for months, specifically identifying $1.10 and $0.87 as important macro areas on Coinbase. The chart also marks a projected final wave structure that could complete near those levels before a reversal develops.

According to the analysis, XRP may still need one more flush lower before the market establishes a stronger base for the next major move upward. Despite that possibility, the chart also outlines a steep recovery trajectory after the support test completes.

XRP’s Recovery Scenario

The analyst believes the first major confirmation of a trend reversal would come if XRP reclaims $1.65 and flips the level into support. She described that move as “the first real sign” of a shift in market structure.

Her chart projects a sharp recovery path after the correction phase, with a large green trajectory extending above $2 in the months ahead. Fibonacci extensions on the chart also place potential upside targets near $2.02 and beyond if bullish momentum returns.

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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