So, apparently XRP’s been stuck playing musical chairs with its own price since April, according to the crypto oracle CasiTrades. She’s basically saying, “Look, the setup hasn’t changed, but the clock is ticking.” Which for XRP means: same old price party, but the DJ might cut the music any second now.
Why Is XRP Acting Like It’s Waiting for the Pizza Delivery?
On Binance, XRP’s chilling at $2.07, after an earlier attempt to break out got ghosted at the 0.618 Fibonacci retracement level of its March-April slump—aka the “cool kids’ spot” at $2.118. CasiTrades points out it was a classic case of “tried to run with Bitcoin, but tripped over a math formula.” Momentum then pulled XRP back like your mom pulling you back from a bad decision.
There’s a brick wall of resistance between $2.10 and $2.17—which, in crypto world, is like trying to pass a pop quiz without studying. On the flip side, major support zones at $1.90 and $1.55 are patiently waiting like your grandma at the door: persistent and impossible to ignore. The RSI (fancy nerd-speak for momentum) is whispering “meh,” hinting that the recent pump might be faster than your coffee buzz fading.
CasiTrades isn’t ready to pop the champagne just yet. She’s convinced XRP still needs to dip down and test those support levels before it even thinks about breaking out—kind of like how you have to survive Monday before dreaming about Friday. But, crypto mood swings are fast — we could be hitting those lows and zooming into Wave 3 before you finish your morning cereal.
In analyst-speak: XRP is stuck in Wave 2 of Elliott Wave corrective whatever, which basically means it’s stuck in a crypto soap opera. The good news? The macro breakout is still on the table. The bad news? Still watching and waiting like it’s the next episode of your favorite binge.
For those wondering if the plunge to $1.55 will be a slow-motion tragedy or a swift plot twist, CasiTrades says it’d be a rabbit-out-of-the-hat fast recovery, using that momentum to shake off resistance like a dog shedding winter fur.
She’s planning to throw some cash at $1.90 (because who doesn’t love a good buy-the-dip moment?) and set a stop-loss to avoid the heartbreak. Her backup plan? Trust in Fibonacci time zones—a thing she apparently knows better than most of us know our own birthdays. According to her, Wave 3 could launch like a rocket before April’s end, with wild target prices ranging from $6.50 to “hold-my-wallet” $12+.
But for now, XRP is stuck playing price ping-pong between $2.24 resistance and $1.90 support. Until one side throws in the towel with volume to match, the bigger picture remains as fuzzy as your Zoom background. The clock’s ticking, but don’t hold your breath — April’s deadline is sneaking up faster than you can say “to the moon.”
At press time, XRP was comfortably parked at $2.07, probably plotting its next move or maybe just waiting for the pizza guy too.
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2025-04-22 19:37