Analyst Says XRP Delivered As Expected. Here’s What It Means

XRP is delivering a classic setup that often signals the end of a downtrend and the beginning of a reversal, according to popular crypto analyst CasiTrades. In a recent market update, Casi outlined the precise behavior he was expecting — and XRP is now following that script almost perfectly. XRP Testing Crucial Support at $1.90 As of report time, XRP is trading around $1.99 after pulling back from recent highs. Casi identifies $1.90 as a major support level, calling it the macro 0.5 Fibonacci retracement of the entire correction, a level historically known for marking market bottoms. He explained that a clean touch of this support, especially if accompanied by bullish divergence, could confirm a textbook reversal pattern. According to Casi, this process typically unfolds in three stages: first, a drop close to the major support zone; second, a short-lived bounce that gives a false sense of recovery; and third, a final sweep down to support, ideally triggering bullish divergence on momentum indicators. XRP appears to be entering that final phase now. XRP is delivering exactly the behavior I’ve been looking for! In previous updates, I explained what I was watching for in this drop- price to come close to a major fib, a small bounce to fake strength, and then a final touch to fib support, ideally forming a bullish… pic.twitter.com/NsySEF7R6z — CasiTrades (@CasiTrades) June 22, 2025 “This is exactly what I’ve been watching for,” Casi said. “The $1.90 level is key. If XRP forms divergence here, it could mark the perfect bottom.” Bitcoin Adds Heavy Confluence What strengthens this outlook even further is Bitcoin’s matching structure. Over the past week, BTC approached its major retracement level — the 0.236 Fibonacci zone — near $97,000. It fell just short of touching it, bounced slightly, and now looks ready for a final move lower. Casi believes that if BTC tags $97,000 while XRP simultaneously hits $1.90, it would create a powerful confluence, a signal strong enough to trigger algorithmic buy orders across the market. He emphasizes that this synchronized behavior across major assets is not random, but rather a common pattern seen before significant reversals. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 “Markets do this all the time,” Casi explained. “They nearly hit support, bounce to fake strength, and then return for a final drop. That’s the moment algos are waiting for.” Final Shakeout Before Reversal? Rather than viewing the current pullback as a bearish development , Casi sees it as the final shakeout, a move designed to flush out weak holders before a major upside move. The key now is whether XRP can hold $1.90 and whether BTC reacts positively to the $97,000 level. If both conditions are met, traders may be witnessing the beginning of a strong multi-asset recovery. The coming days could be pivotal for XRP, as price action near $1.90 will likely determine the short-term trend. For now, all eyes remain on the charts. If this pattern holds, it may not be the end, but the start of XRP’s next leg higher. 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 advised to conduct thorough 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 Analyst Says XRP Delivered As Expected. Here’s What It Means appeared first on Times Tabloid .

Source: TimesTabloid