Usman Salis
XRP is showing brief upside momentum, but according to CasiTrades, the underlying trend has not shifted. Recent bullish candles are corrective moves within a larger bearish framework, and price continues to trade between well-defined resistance and support levels.
XRP Forms Five-Wave Move Into Resistance
The chart shows XRP failing to produce a new high, instead completing a clear five-wave move into resistance - a pattern that typically signals exhaustion rather than genuine strength.
Without a confirmed higher high, the trend remains unchanged. The bounce is corrective, not impulsive, and does nothing to alter the bearish structure that has been building over recent weeks.
The recent bounce remains corrective within a larger bearish framework - price is reacting, not trending.
This fits the broader XRP pattern. Repeated rejections at resistance continue to reinforce the downtrend and block any sustained bullish continuation.
XRP Coiling Between Key Liquidity Zones
XRP is currently compressed between resistance above and support below. Price is not trending in either direction - it is reacting within a defined range driven by positioning rather than momentum.
XRP Trapped Between Liquidity Clusters, Breakout Nears breaks down how this compression zone is forming and what a breakout in either direction could trigger.
Until one side decisively breaks, the structure stays neutral-to-bearish. The range is not a base - it is a pause.
Price is coiling between liquidity zones, with action driven by positioning rather than direction.
XRP Price Targets: $1.08 and $0.87 Still in Play
The projected path from the current chart setup remains intact. The expected move unfolds in stages:
- Initial move toward $1.13
- Relief bounce
- Continuation toward $1.08 - macro 0.786 Fibonacci support
- Further consolidation
- Final leg toward $0.87 - macro 0.854 support
XRP Nears Channel Breakout With $4.06 in Focus covers the longer-term channel context and what a macro breakout would require.
This is a step-by-step downside structure, not a single impulsive drop. Each level acts as a staging point before the next move lower.
The setup is a step-by-step downside structure, not a cliff drop - each support level is a staging point.
What Would Actually Change the XRP Outlook
The signal that matters here is structural confirmation, not individual candle behavior. XRP has not broken resistance. The broader trend has not shifted. The current setup shows:
- No new highs formed
- Repeated rejection at resistance
- Structure still pointing lower
XRP Price Analysis: Bearish Channel Threatens 40% Drop outlines the full bearish channel scenario and what a 40% drawdown from current levels would look like technically.
Only a confirmed break above resistance - followed by a flip of that level into support - would invalidate this outlook. Until that happens, the chart continues to favor downside progression over any short-term bullish reaction.
Usman Salis
