XRP hit an all-time high of $3.65 in July 2025. For many, that looked like the top. Crypto analyst CasiTrades (@CasiTrades) sees it differently, and her technical case is drawing serious attention.
She published a macro Elliott Wave analysis of XRP, arguing that the $3.65 all-time high was not a cycle peak. She sees it as Wave 5 of a completed five-wave impulse sequence that began with XRP’s breakout from $0.50 in late 2024.
Under Elliott Wave Theory, a completed five-wave impulse is followed by a corrective phase before the next larger-degree impulse begins. That corrective phase, she argues, is what XRP is moving through right now.
🚀 PEOPLE HAVE NO IDEA HOW BULLISH THIS IS GOING TO GET!!! 🚀
I don't think most people realize that ripple:native is STILL in the same macro bullish trend that began with the $0.50 breakout in 2024.
THAT ALL-TIME HIGH WAS JUST WAVE 1 ON A MASSIVE SCALE!!!
What we're… pic.twitter.com/7bSoLI29sG
— CasiTrades 🔥 (@CasiTrades) November 6, 2026
Where XRP Stands Today
XRP is currently around $1.18, sitting inside what CasiTrades identifies as a macro Wave 2 correction. Her chart marks a critical support zone between roughly $0.86 and $1.09, with multiple Fibonacci levels converging in that range. The $0.77 low printed on Binance serves as a key reference point. She identifies it as a potential Wave 2 bottom.
The Case for Wave 3
CasiTrades is direct about what she expects next. “That all-time high was just Wave 1 on a massive scale,” she wrote. Under her count, the entire 2024-2025 rally that pushed XRP to its all-time high of $3.65 represents only the first wave of a much larger macro structure. If that count is correct, the move ahead would be Wave 3 at the macro degree.
In Elliott Wave analysis, Wave 3 is typically the longest and strongest wave in an impulse sequence. Her chart projects Wave 3 targets ranging from $2.41 at the 0.382 extension up to $3.28 and beyond, with Fibonacci extension levels reaching toward $3.60 and higher.
The structure on the right side of her chart shows Wave 3 subdividing into its own five-wave sequence, with subwave targets mapped out through 2026 and into 2027.
Early Subwaves Already in Motion
In follow-up posts, CasiTrades suggested the macro Wave 3 may have already begun. “Technically, macro W3 may have already started with the $0.77 low printed on Binance,” she wrote. “We are just in the early subwaves of it.” She also pointed out that there’s “no better entry than W2.”
That positions the current price action not as a continuation of the correction, but as the opening stage of the next major advance. She added that “most consider wave 3/3 the bull run,” referring to the third wave within Wave 3, the most explosive wave of the cycle.
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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