A recent market update from crypto analyst CasiTrades is raising caution flags for XRP traders, as technical signals point to weakening momentum and the potential for further downside. The analyst warns that the asset has entered a critical phase where key resistance and support levels will determine its next major move.
According to CasiTrades, XRP’s market structure has turned bearish following a breakdown below an important trendline and the loss of a prior B-wave low. This shift suggests that sellers are gaining control, increasing the likelihood of continued downward pressure.
The analysis indicates that what previously acted as support is now beginning to function as resistance, a classic sign of weakening bullish momentum. The trendline break also reinforces the idea that the recent consolidation phase may be transitioning into a broader corrective move.
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The analyst identifies the $1.40 region as the most important local resistance. As long as XRP remains below this level, the short-term outlook is expected to remain bearish.
In addition, a broader macro resistance zone sits near $1.65. A sustained move above this level would be required to invalidate the bearish outlook and signal a potential shift back toward bullish conditions. Until such a breakout occurs, the current market environment is described as a “no-trade zone,” with the risk-reward profile considered unfavorable for new positions.
If selling pressure continues, CasiTrades highlights two major downside targets. The first key support lies around $1.11, which aligns with a high-probability demand area. A breakdown below this level could open the door to a deeper decline toward $0.87, a stronger historical support zone.
These levels also correspond with Fibonacci retracement areas visible on the chart, suggesting potential reaction points where buyers may attempt to re-enter the market.
CasiTrades analysis chart shows a completed corrective structure followed by a downward trendline break, indicating a loss of upward momentum. Price action is consolidating beneath a rising support line that is now at risk of failing.
Source: CasiTrDES/X
The Relative Strength Index (RSI) displayed in the lower panel also reflects weakening strength. After forming lower highs within an ascending channel, the indicator has rolled over, signaling fading bullish momentum and supporting the bearish outlook. The chart further highlights a projected move toward the lower support region near $1.10–$0.90 if current conditions persist.
CasiTrades emphasizes patience, advising traders to wait for either a move into the lower support zones or a confirmed breakout above the $1.65 macro resistance before considering new positions. For now, XRP appears to be at a decision point, with the coming price action likely to determine whether the market stabilizes at lower levels or regains bullish momentum.
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The post Analyst Gives Clear Warning About XRP Price – What You Should Know appeared first on 36Crypto.


