XRP (XRP) may be heading toward a larger breakout, but analysts warn the token could first drop to the $0.87 support zone in a final shakeout before any sustained rally takes hold.
XRP Technical Outlook
Analyst CasiTrades noted that XRP is now breaking below a consolidation trendline that held for weeks. That former support level is flipping into resistance.
The shift strengthens the case for one more leg down toward $0.87. On the 15-minute chart, the current bounce is being tracked as a subwave 2 move, guided by an RSI trendline.
A break below that RSI structure would signal the start of wave 3. In the near term, $1.40–$1.41 is being watched as a potential B wave zone, with $1.51–$1.55 as a possible C wave completion area.
The broader expectation remains a move toward $0.87 unless XRP reclaims and holds above $1.65. CasiTrades emphasized that sticking to this plan removes emotion and keeps focus on structure.
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Archie's Cycle Comparison
Analyst Archie pointed to a pattern resembling past XRP cycles. After forming a bottom and establishing a higher low, the market structure shifted into a new uptrend. Both cycles follow the same sequence: an initial push, a retest, then another strong move higher.
If history repeats, the key trendline could break as early as this weekend. A divergence on the daily chart reinforces the idea that strength is building beneath the surface. Expectations this time are more ambitious. Rather than stalling at previous all-time highs, sentiment points toward double-digit price targets.
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