The technical analyst CasiTrades believes that XRP is close to an important turning point. After weeks of narrow sideways movement, the token appears ready for a significant breakout or a final drop to gather strength.
He also highlighted key metrics to watch:
- $2.25 remains a key resistance; not surpassing it could lead to testing lower support zones.
- Price areas such as $2.01, $1.90, and $1.55 may help rebuild momentum, not signal a downtrend.
- CasiTrades sees any pullback as a resetting phase that attracts new buying interest.
- Pullbacks could draw in buyers and restart the market instead of weakening long-term demand.
- Global tensions may add fuel to volatility, aligning with the timing and structure of the market.
Recent sales do not necessarily indicate a total reversal for XRP but do highlight the growing pressure on the price. With easy gains likely behind, the market has entered a more fragile phase where each movement carries greater importance. A widespread rally in cryptocurrencies could still provide some relief to XRP, but short-term momentum remains uncertain.
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