CasiTrades (@CasiTrades), a prominent cryptocurrency analyst, recently shared a detailed XRP chart that highlights the asset’s prolonged consolidation phase and outlines possible scenarios for its next move.
Using a 4-hour chart, she mapped out trendlines, Fibonacci levels, and projected price targets, suggesting that XRP could be approaching a pivotal point in its price action.
Patterns Taking Shape
The chart shows XRP’s recent breakout from a symmetrical triangle pattern. The asset began forming this pattern in July after hitting an all-time high of $3.65. This pattern capped its upward momentum, but also ensured its retracements were controlled.
Breakouts from symmetrical triangles often precede larger price moves, and XRP recently moved above the upper boundary, hinting at renewed bullish momentum. A corresponding triangle pattern also appears in the RSI indicator at the bottom of the chart, reinforcing the view that momentum could be building.
Who is ready for XRP to finally leave consolidation and run? 🚀 pic.twitter.com/odjN4hx9AR
— CasiTrades 🔥 (@CasiTrades) September 12, 2025
Key Resistance and Breakout Levels
According to the chart, XRP sits near $3.07 and faces its first major Fibonacci extension level at $3.086 (Fib. 1.618), which may act as the initial test for buyers. Beyond that, a stronger resistance appears near $3.27 (Fib. 2.618). If XRP closes decisively above these levels, the chart suggests a potential advance toward higher targets identified in blue wave projections.
CasiTrades’ chart highlights a possible move to around $4.406 (Fib 4.618) to $4.47 (Fib 1). This aligns with Wave 3 of an Elliott Wave pattern, suggesting the third wave of an impulsive sequence. The projected path then anticipates a retracement toward $3.65 (Fib. 0.382) before another push higher, implying a continued bullish trend if XRP sustains its breakout.
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Support Levels to Monitor
Support levels remain critical should XRP’s breakout falter. The chart places key supports at approximately $2.90 and $2.78, with the deepest near $2.44. These zones may provide buying interest if price retests former resistance or experiences a pullback. Holding above $2.90 appears essential to maintaining a bullish structure in the short term.
XRP began September with a notable decline, causing uncertainty among investors and extending its consolidation phase. However, CasiTrades’ chart suggests that the asset has reached the end of this consolidation period, and the combination of multiple technical patterns suggests an imminent breakout to new heights.
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.
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