$XRP is holding the line—but can it break through? 🧠🚀
Despite the broader market correction, XRP is showing signs of bullish structure above the key $2.25 support. It's bouncing off the 0.382 Fib level, reclaiming territory with some strength. But let’s be real: until we break above that $2.69 resistance, the bulls are still on probation. 📉📈
🧩 CasiTrades calls this a classic Wave 4 consolidation—structure building mode. It’s like the calm before the storm. Breakout or breakdown? The chart’s got potential either way.
What I’m watching:
🔹 Support: $2.25 (crucial hold)
🔹 Resistance: $2.375 (short-term)
🔺 Major Resistance: $2.69 (the wall to break)
⚠️ Risk Zone: Drop toward $1.50 if $2.25 fails
Short-term bounce? ✅
Confirmed bullish reversal? ❌ not yet.
Until $2.69 is flipped, every rally might be a bull trap. But if we break above with volume, we could be looking at a clean move to new local highs.
Stay sharp out there. The market rewards patience and precision—not hopium. 🎯