![\"XRP](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/04\/GpFApRcWcAAg3kG-1.jpg?resize=1024%2C674\")
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Horizontal supply blocks in the $2.10\u20132.17 region reinforce that resistance. Below, successive bands of medium\u2011term support appear at the 0.5 retracement ($1.90) and at the deeper 0.618 level ($1.55), both highlighted in green and annotated as \u201cmajor support.\u201d Relative\u2011strength index data in the sub\u2011panel show a short\u2011term bearish divergence \u2013 price flat while the RSI slopes lower \u2013 hinting that the most recent advance may be tiring before reaching overbought territory.<\/p>\n
\u201cNothing about the bigger picture has changed. In fact, this just reinforces what I have been saying, we likely still need to sweep major supports like $1.90 or $1.55 before XRP is ready to break out. This should not continue to drag on… Momentum in crypto shifts quickly. We could tag those support levels and launch into Wave 3 very very soon,\u201d Casi writes.<\/p>\n
She frames the entire structure as a classic Elliott Wave corrective pattern. A sharp three\u2011leg \u201cABC\u201d decline from the early\u2011April peak ended in mid\u2011month, and the market has since been carving out what the analyst still regards as Wave 2 of a much larger impulsive sequence.\u201c XRP is still in Wave 2. Everything still supports a macro breakout. Until then, I am watching key levels and letting it play out,\u201d he states.<\/p>\n
Responding to a follower who asked whether any excursion to $1.55 would occur swiftly, CasiTrades replied: \u201cYes I do think if it goes for $1.55 it would be a fast recovery. The purpose of it would be to break resistances above by using that recovery momentum.\u201d She added that his personal strategy is to deploy remaining cash at $1.90 and manage risk with a stop once the first bounce materialises.<\/p>\n
The analyst\u2019s conviction rests in part on Fibonacci time\u2011zone analysis first presented earlier this month. That framework \u2013 now in its third projected epoch \u2013 still allots room for a high\u2011velocity Wave 3 launch before April closes. \u201cMomentum in crypto shifts quickly. We could tag those support levels and launch into Wave 3 very very soon!\u201d she contends. Extension targets derived from standard Fibonacci multiples remain unchanged: $6.50 (1.618), $9.50 (2.618 and described as \u201cmost likely\u201d), and \u201c$12+\u201d at the 3.618 extension.<\/p>\n
For now, however, XRP is stuck between an overhead wall at $2.24 \u2013 the 0.382 retracement and the high of the putative Wave ( C ) \u2013 and a floor clustered around $1.90. Until either side of that corridor is breached with decisive volume, CasiTrades says \u201cnothing about the bigger picture has changed,\u201d but warns that the window for an April resolution is narrowing: \u201cThis should not continue to drag on… We are still in Fib Time Zone 3 according to that analysis.\u201d<\/p>\n
At press time, XRP traded at $2.07.<\/p>\n
![\"XRP](\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/04\/XRPUSDT_2025-04-22_08-54-37.png?resize=1024%2C453\")
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The long\u2011running stalemate in the XRP price action may be entering its decisive phase, according to market technician CasiTrades (@CasiTrades). In a chart update shared on X, the analyst stresses that \u201cXRP\u2019s setup has not changed \u2013 but the clock is ticking,\u201d underscoring that the token remains confined to the same structural range that has…<\/p>\n","protected":false},"author":1,"featured_media":4355,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[146],"tags":[40,46,47,147,149],"class_list":["post-4354","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp-news","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrp-price-analysis","tag-xrp-technical-analysis"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/4354","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=4354"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/4354\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/4355"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=4354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=4354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=4354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}