XRP risks $0.90 test as analyst warns of delayed rally
XRP hovered near $1 in Thursday’s trading, challenging a crucial support level after losing ground at two significant Fibonacci retracement points. Analyst CasiTrades flagged $0.9855 as the chart’s immediate reversal area, stressing the importance of buyers holding the key $1 zone to avoid further downside and preserve the bullish technical structure.
XRP at $1: Support in Focus, Fibonacci Levels Breached
XRP has fallen below the 0.854 Fibonacci retracement near $1.086 and the 0.786 level at $1.091, shifting the technical focus to the $1 mark. CasiTrades stated that $0.9855 aligns closely with the 1.0 Fibonacci retracement and represents a key area for a possible price rebound. If price can quickly recover from this region, it would complete subwave 2 in her preferred wave count, maintaining a near-term bullish outlook.
The next resistance, according to CasiTrades, sits around $1.13 and $1.25. However, reclaiming the cluster of $1.086–$1.091 first would be necessary for the bulls to reverse the recent decline and reinforce positive momentum. Traders are watching for sustained price action above these levels before confirming a recovery.
CasiTrades maintains her constructive outlook as long as XRP price holds above the October 2025 low near $0.77. She notes that a double bottom around $1 can preserve her bullish wave count, but a decisive move below support could force a reset.
Technical indicators remain mixed. The RSI sits near 35, forming higher lows while the price sets lower lows—a bullish divergence linked to fading selling pressure. Despite this, analysts caution that RSI alone cannot confirm the bottom and that traders are waiting for a convincing price rebound at support.
Potential Drop to $0.90 Could Delay Major Advance
CasiTrades identified macro support in the $0.87–$0.90 range, emphasizing that a breakdown into this zone would prompt her to reset the wave count. Should XRP slip to $0.90 or below, she expects another smaller Wave 1 and Wave 2 pattern before a larger move higher can commence, possibly delaying the next major rally by several months.
She confirmed that while a decline to $0.90 may force a structural adjustment in the short-term pattern, her overall bullish macro thesis remains intact unless XRP drops below the landmark low of $0.77, set in October 2025. The $0.90 threshold would mainly affect timing and immediate market structure, not the long-term view.
A move toward $0.90 would delay any strong upside, and only a break below the multi-year low near $0.77 would threaten the broad bullish outlook, CasiTrades explained.
Current market indicators for altcoins show no strong trigger for an independent rally. CoinMarketCap’s Altcoin Season Index registered 39 out of 100, keeping the broader environment in a neutral state between Bitcoin-led and altcoin-driven cycles. Glassnode reported weak demand for spot Bitcoin in the United States as the Coinbase premium remained negative, with its 30-day average reaching the lowest reading since February. Bitcoin last traded at $71,487, representing a 3.79% daily decline.
Key Levels and Real-Time Monitoring Tools
As XRP hovers at critical chart levels, sentiment hinges on the coin’s ability to hold $0.98–$1 and reclaim $1.09. Sustained weakness below these areas would expose the $0.90 support and likely postpone any significant bullish momentum. The intersection of major support and shifting technicals has heightened the need for rapid, real-time market monitoring. CryptoAppsy’s customizable price s allow traders to track moves at precise chart levels such as $1 and $0.90, helping users react quickly if XRP shifts direction or breaks a support area of interest.
A clear break above or below these levels will determine the short-term path for XRP and influence broader altcoin market sentiment in the coming weeks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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