XRP Is Defying Exhaustion, Analyst Sets Next Target

XRP is showing impressive strength once again , pushing higher despite signals of short-term exhaustion. According to respected market analyst CasiTrades, XRP has invalidated multiple bearish divergences, especially on the 1-hour chart, and successfully broken out. This kind of move typically signals that a much larger rally may be underway. The next key level to watch is $2.69, which aligns with the macro 0.236 Fibonacci retracement. Breaking Through Resistance with Force After consolidating below $2.45 for several sessions, XRP burst through short-term resistance with conviction. This breakout is particularly notable because it happened despite technical indicators signaling exhaustion. On most occasions, such divergences trigger pullbacks, but not this time. XRP’s ability to power through suggests strong underlying momentum, possibly driven by institutional buying or whale accumulation. XRP Defying Exhaustion – $2.69 in Sight! #XRP just crushed short-term exhaustion. Bearish divergences up to 1hr couldn’t stop this breakout! That kind of strength usually only shows up when a much bigger move is underway. The next key level is $2.69 resistance, which… pic.twitter.com/b6ukZn90Rk — CasiTrades (@CasiTrades) July 10, 2025 Volume during the breakout was robust, and price action remained firm despite overbought conditions on lower timeframes. According to CasiTrades, this resilience is rare and usually indicates that the current trend still has significant fuel behind it. The Road to $2.69 CasiTrades identifies $2.69 as the next major resistance level. This price zone is a significant barrier, coinciding with the 0.236 Fibonacci retracement level, which often attracts price in trending markets. Between XRP’s current price and $2.69, there is very little resistance, creating a clear runway for further gains if bullish momentum continues. However, the analyst warns traders against chasing the breakout. Historically, XRP has retraced only as far as the 0.236 level during pullbacks, a sign of trend strength. If that pattern holds, any correction from local highs is likely to find support around $2.45. That level presents the most favorable zone for strategic entries, especially for traders who missed the initial breakout. Two Possible Scenarios at $2.69 As XRP approaches the $2.69 resistance, CasiTrades outlines two likely outcomes. The first scenario involves a rejection at this level, resulting in a pullback toward $2.45. This would offer bulls another chance to buy at support and prepare for a second push higher. The second, and more bullish, scenario sees XRP breaking above $2.69 and then retesting it as support. If this confirmation occurs, it could pave the way for a continued rally toward $3.00 and possibly beyond, marking a new phase in the price discovery process for XRP. In both cases, the $2.45 support level will remain critical. As long as it holds, the bullish trend remains intact. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Higher Timeframes Still Supportive While the shorter timeframes show signs of consolidation, momentum on the higher timeframes remains strong. Both the daily and weekly charts indicate bullish conditions, with the Relative Strength Index (RSI) remaining elevated and the MACD displaying positive momentum. XRP’s trend structure has also been remarkably consistent. Each retracement has found support near predictable levels, confirming that the asset remains in a healthy uptrend. This technical strength, combined with rising optimism in the broader market, is reinforcing long-term investor confidence. In the background, macro narratives surrounding XRP continue to gain traction. Anticipation of a U.S.-based XRP ETF and ongoing institutional interest in RippleNet provide an added layer of fundamental support, even if those developments haven’t yet impacted short-term price movements. Final Thoughts XRP is defying expectations, showing strength where most assets would falter. With momentum building and the next resistance level at $2.69 in sight, the coming days could be pivotal. If that level is broken with conviction, XRP may be on its way to reclaiming major psychological milestones such as $3.00. CasiTrades offers a final word of caution: “Do not buy into exhaustion. Stay calculated.” With the market heating up, smart entries, patience, and discipline will separate winners from latecomers. For now, XRP remains firmly in control, with $2.69 being the key level to watch. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP Is Defying Exhaustion, Analyst Sets Next Target appeared first on Times Tabloid .

Source: TimesTabloid