XRP is once again in the spotlight as traders zero in on a critical trendline that could define its next major move. According to respected crypto analyst Casitrades, this key support line is “everything right now,” and the market’s reaction to it may signal whether XRP is ready to ignite its next leg upward.
A Precise Bounce from Key Support
XRP recently tapped the 0.382 Fibonacci retracement level at $2.145—a zone that also marks the apex of its recent consolidation structure. This convergence of technical levels makes $2.145 a vital area to hold in the short term. So far, the price has responded positively, bouncing cleanly off this support, which suggests strength and renewed bullish momentum.
Casitrades described this level as “the most critical on the chart, short-term,” warning that a drop below it would indicate weakness. However, XRP is currently holding above it with confidence. “This is the kind of price action you want to see if XRP is serious about continuing this new trend to the upside,” Casitrades wrote.
🚨This Trendline Is Everything Right Now!🚨
I’ve been tracking this trendline support as the key level to hold and we just got a clean reaction off it. 👀This correction already reached the .382 retracement at $2.145, which also happens to be the apex of consolidation… that’s… pic.twitter.com/bA79dP1c99
— CasiTrades 🔥 (@CasiTrades) June 25, 2025
The current structure, where price remains above the consolidation range while showing impulsive upward moves, is often a strong sign of trend continuation.
Resistance at $2.25: The Next Test
As XRP stabilizes above support, attention now turns to the $2.25 resistance level. According to Casitrades, this is the next major hurdle. A breakout above $2.25 would be a bullish confirmation and could open the door to a move toward $2.69—the next Fibonacci retracement target.
“Price is now trying to push back toward the $2.25 resistance. That’s the next big test,” Casitrades noted. “If we can flip that level, we’ll likely open the path toward the $2.69 retrace test—and from there, the breakout potential increases dramatically.”
We are on twitter, follow us to connect with us :- @TimesTabloid1
— TimesTabloid (@TimesTabloid1) July 15, 2023
A move beyond $2.69 could trigger an even stronger rally, potentially signaling the ignition of a powerful wave 3, typically the most explosive phase in Elliott Wave theory.
Momentum Building Across the Market
XRP’s price action is unfolding as the broader altcoin market shows signs of revival. With Bitcoin consolidating, many traders are shifting focus to high-potential assets like XRP. Market indicators such as RSI and Stochastic RSI are also aligning in favor of the bulls, hinting at growing upward momentum.
Volume is beginning to increase as XRP approaches resistance, suggesting rising interest and accumulation. Meanwhile, the price continues to respect key support levels, reinforcing the bullish structure.
For now, all eyes are on whether XRP can clear $2.25 and confirm a breakout. But one thing is clear: as Casitrades rightly said, “This trendline is everything.” How XRP behaves around it could determine the direction of the next major move.
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 urged to do in-depth 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
