Top Analyst to XRP Holders: Here’s the Major Level I’m Watching Right Now

XRP has lost a Fibonacci level that Crypto analyst CasiTrades had been monitoring as part of a broader wave structure, prompting a reassessment of the cryptocurrency’s near-term path.

In a recent analysis on X, CasiTrades said XRP’s break below the 0.5 Fibonacci retracement invalidated the wave-four structure that had supported a potential move toward $1.78.

The analyst now sees lower Fibonacci levels as relevant unless XRP can reclaim a major resistance area. CasiTrades also identified $1.10 as an important level for XRP’s next move, while keeping $0.87 as another possible downside target.

XRP Breaks Below 0.5 Fibonacci Retracement

CasiTrades said XRP has broken below the 0.5 retracement, changing the structure she previously followed. The analyst expected that structure to lead to a final wave toward $1.78, but the loss of the support level means that setup is now considered invalid.

The attached TradingView chart shows XRP trading around $1.26 on the 1-hour timeframe. The chart marks the 0.5 Fibonacci retracement near $1.34, placing the current price below that level.

CasiTrades also reiterated that XRP needs to move above the macro 0.618 Fibonacci level around $1.65 and maintain that area as support before the lower Fibonacci levels can be considered invalid. Until then, she expects those levels to remain relevant to the price structure.

$1.10 Becomes A Key Level

The main downside level identified is the macro 0.786 Fibonacci area around $1.10. Her chart places related Fibonacci levels in the region, including approximately $1.09 and $1.14.

CasiTrades said the $1.10 area has multiple degrees of alignment and could also correspond with a potential C-wave target. She therefore expects another test of this zone to remain possible.

The analyst also described $1.10 as an important level for determining whether XRP has genuinely started a new trend. A reaction from this area could therefore become significant within the structure she is tracking.

$0.87 Remains Another Downside Level

CasiTrades also warned that XRP could move below $1.10. She identified approximately $0.87 as another level that remains on the chart, describing it as the macro 0.854 Fibonacci retracement.

The attached chart marks the lower zone around $0.86 to $0.87 and shows it as an untested area in most markets. CasiTrades therefore said traders should remain prepared for both possible outcomes as XRP’s price movement develops.