Will XRP’s Price Soar to $3? It All Hinges on This Crucial Level 🚀💰

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Well, folks, it seems XRP has decided to play a little game of hide and seek with us. After a rather impressive rally to $2.30, the price has taken a little breather and is now chilling at $2.18, having slipped below the short-lived $2.25 support. Now, you might be thinking, “Oh no, here we go again,” but let’s not jump to conclusions just yet. After all, this little dip comes on the heels of a week-long steady increase that took XRP from a modest $1.93 to the $2.33 resistance level, a level that has been holding strong for the past 30 days. 📈

Crypto analyst CasiTrades, who’s got a knack for reading the tea leaves, shared an updated outlook complete with a chart that could make your head spin. According to her, a test of the consolidation zone between $2.18 and $2.16 could be the key to whether XRP reclaims its bullish momentum to $3 or decides to take a longer nap. 🛌

$2.16–$2.18 Zone Determines XRP’s Direction

CasiTrades, the social media sensation on X, has been keeping a keen eye on XRP’s recent retest around $2.16–$2.18. She notes that while this isn’t a full-blown breakdown yet, it’s certainly a defining moment. After hitting the $2.30 resistance, XRP couldn’t quite hold the $2.25 support and decided to take a little stroll back down to retest the waters. 🌊

Now, this zone is no ordinary spot. It was previously the top of a major consolidation structure, and holding above it would suggest that XRP is simply backfilling after a breakout. This is a common pattern in the crypto world, where a price rejects a key resistance, retests the initial breakout zone, and then, if the momentum holds, resumes its upward journey. 🚀

According to CasiTrades, the market needs to respect this range to confirm that XRP is still in breakout mode. The chart she shared is a masterpiece of technical analysis, with a rising wedge intersecting with the highlighted horizontal support at $2.1688, right around the 0.382 Fibonacci retracement level. 📐

However, if XRP fails to hold above $2.16, it could spell trouble. The analyst warns that a failure to hold this level could initiate a pullback toward $1.90, potentially invalidating the bullish setup that has been building over the past week. 🚨

RSI Divergence Points To Higher Chance Of Rebound

But fear not, dear readers, for there’s a glimmer of hope. The Relative Strength Index (RSI) has been showing some early encouraging signs for XRP bulls. The RSI is diverging from the price, which is a fantastic signal of seller exhaustion. This supports CasiTrades’ claim that the current move could be more of a cooldown than another crash to $1.90. 🌞

CasiTrades believes that if bulls can defend the $2.16 to $2.18 range and reclaim $2.25, XRP will be ready for its next extension wave. The price targets in view are $2.69 and $3.04, both based on Fibonacci levels. The first resistance level is at $2.3027, around the 0.618 Fibonacci extension. This price level is a crucial milestone for confirming the strength of the rally before a broader move to $3 and possibly beyond. 🌠

Interestingly, in the past 12 hours, XRP has already shown signs of reclaiming its bullish momentum, bouncing off an intraday low of $2.17. At the time of writing, XRP is trading at $2.27, up by 3.7% in the past 24 hours. This suggests that buyers are already working to flip the $2.25 price level. 📊

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2025-07-04 01:49