XRP is approaching a key technical area that analyst CasiTrades (@CasiTrades) has been monitoring. She said the market is delivering “exactly the type of move we’ve been preparing for” as XRP trades near important support zones.
She identified $1, $0.93, and $0.87 as the main levels to watch, with $0.93 marked as her buy level and $0.87 described as the “primary target/macro .854.”
XRP Approaches Major Support Zone
The chart shows XRP completing a prolonged decline after failing to hold higher levels above $1.15 earlier in June. Since then, the digital asset has followed a series of lower highs and lower lows, maintaining downward pressure.
Several descending trendlines converge near the $0.87 region. This area also aligns with a large support zone highlighted on the chart. The convergence of trendline support, horizontal support, and Fibonacci targets makes the region particularly important from a technical perspective.
CasiTrades believes the current correction is entering its final stage. She stated that the “correction is approaching its final level” and suggested that sentiment could become increasingly emotional as XRP nears those targets.
🚨 The Move We've Been Waiting For Is Here! 🚨
The market is dropping hard, exactly the type of move we've been preparing for, and ripple:native is approaching the major support levels we've been tracking! 😍
Key levels below:
$1.00
$0.93 where my buy is
$0.87 (primary… pic.twitter.com/NEtcOA1w5P— CasiTrades 🔥 (@CasiTrades) June 24, 2026
Fibonacci Targets Highlight $0.93 and $0.87
The chart includes projected Elliott Wave paths and Fibonacci extension levels. One scenario identifies wave 3 ending near $0.93, which aligns closely with the analyst’s preferred buy zone. Another projection extends the decline toward the larger support region around $0.87.
A Fibonacci extension level near $0.9263 appears alongside the projected wave structure. Below that, the chart highlights another support cluster around $0.867 to $0.87, where several technical levels overlap.
The RSI also sits near oversold territory on the hourly chart. While RSI readings alone do not guarantee a reversal, they often attract attention when the price approaches major support.
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The Path to Recovery for XRP
Despite the short-term decline, the chart continues to show a potential recovery scenario once support is reached. The projected path suggests that if XRP declines, it could rebound from the $0.87 region and move back toward resistance near $1.08.
That area corresponds with a previously established support zone that now acts as resistance. A successful recovery into that region would represent the first major test for any bullish reversal attempt.
As XRP trades near $1, attention is shifting toward the $0.93 and $0.87 levels. If the chart continues to follow the projected path, those zones could become the next major battleground as the correction approaches the area CasiTrades has been tracking for weeks.
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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