$XRP is currently trading at $2.63, with a crucial decision point looming. According to analyst CasiTrades, XRP might experience one final wave down before a major upward cycle begins. The key resistance level to watch is $2.82 on Binance. If XRP breaks and holds above this level, it could signal renewed bullish momentum and invalidate the bearish setup. However, failure to push through might result in a range-bound structure between support and resistance .
Some potential outcomes are:
- Breakout: XRP could surge toward $6.50 or even $10 if it breaks through the $2.82 resistance level.
- Shakeout : #XRP might experience one final dip before the next major breakout, with potential support levels at $1.35-$1.46.
- Range-bound : XRP could continue trading within its current range, with ongoing tests of the Wave 4 highs acting as a firm ceiling against further upside movement.
Traders should monitor the $2.82 level closely, as it will likely determine XRP's next move. Exchange variations add complexity to market analysis, so it's essential to chart on the specific exchange you plan to execute trades on .
ॐ🌞🌟 Buy and trade here 👇 #SmartInvesting