Analyst to XRP Holders: This Is the Level We’ve Waited Months For

XRP has reached a technical level that analyst CasiTrades (@CasiTrades) has been monitoring for months. This has shifted the focus from the recent decline to the market’s next move.

In a recent post, the analyst said, “The support has been reached. Now we watch the reaction,” placing attention on whether buyers can build momentum from this level.

According to her post, XRP “reached the major .786 macro support at $1.09 (Coinbase) perfectly.” The attached daily chart suggests that the Fibonacci level is near $1.09. The analysis centers on how the price behaves after touching that support rather than treating the level as the final destination.

XRP’s Critical Turning Point

The chart contains multiple trend lines, wave counts, and Fibonacci levels that converge around the recent price action. It shows XRP attempting to stabilize after reaching the highlighted support zone, making the next movement especially important from a technical perspective.

Rather than presenting a fixed outcome, the analysis focuses on confirmation through price action. The reaction at current levels will determine whether the next phase follows the existing correction or develops into a stronger advance.

Price Levels to Watch

The chart identifies $1.19 and $1.27 as the immediate resistance levels to monitor. CasiTrades wrote that “both levels are valid” and said they “keep the larger correction alive,” while leaving room for another move toward the $0.90 support zone tied to the 0.854 Fibonacci level.

These resistance areas now serve as the next technical checkpoints. How XRP trades around them will shape the outlook presented in the analysis.

Breaking Resistance Could Shift the Outlook

CasiTrades also outlined an alternative scenario if XRP gains momentum. She explained that if the asset shows strength and breaks through resistance, it could signal a new market trend rather than another push downward.

That view places significant weight on how price behaves around $1.19 and $1.27. At the time of her analysis, the asset traded at $1.17 after a brief rebound from support. A successful move through the outlined resistance would significantly change the technical outlook.

Focus Remains on the Market’s Reaction

CasiTrades described the current period as “one of the most important moments of the entire correction.” After an extended losing streak, the market may turn around soon.

The chart supports the analysis by showing resistance clustered above the current trading zone while the recent support sits near the 0.786 Fibonacci level. A move through those barriers would shift attention from defending support to testing higher price levels.

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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