XRP’s Golden Pocket Gamble: Miracle Rally or Mirage?

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In the grand theatre of market numbers, XRP tiptoes toward a Golden Pocket with all the coy dignity of a moth fluttering past a chandelier, a relief bounce whispered about as if it were a sly compliment from fate. The chorus of analysts offers a chorus of cautious optimism: a climb toward the fabled $2.50, a gilded prayer that the gods of liquidity will not forget their manners. Yet lurking behind the velvet curtain is the possibility of a fresh swoop downward if the plot refuses to cooperate with its author’s ambitions.

On Monday’s digital parchment, the analyst CasiTrades, with the poise of a virtuoso naming every key, declared XRP pressed its lips to a Golden Pocket, drawing eyes toward a W4 relief bounce that might usher a rally to $2.50. She unfurled a meticulous Elliott Wave chart, noting a flush into the Golden Pocket near the 0.618 Fibonacci notch around $1.93, while aligning with the 1.618 Extension for Wave 3-an outcome she calls “textbook,” which is culinary jargon for something a tad too tidy for appetite and perhaps a hint of mischief.

XRP Golden Pocket Signals Rally To $2.5

According to the seer of prices, this sets the stage for a full Wave 4 relief to unfurl. She points to the first barrier-0.382 Fibonacci Retracement at $1.78-which also coincides with a past support breakdown and could serve as a backtest of resistance, as if the market were politely asking to revisit a former misstep before stepping boldly forward.

CasiTrades notes that XRP displayed a very shallow Wave 2, merely nibbling at the 0.382 Fibonacci level in the Elliott weave. She explains that modest Wave 2 corrections often presage a deeper Wave 4 retracement, suggesting the XRP tale could endure a more pronounced pullback in the next corrective act before perhaps resuming its ascent toward the clouds of momentum.

From this meteorology of digits, the analyst forecasts that Wave 4 might push XRP higher, maybe up to the 1.93 plateau from the current cadence near 1.60. She allows for a further stroll to 2.03, which corresponds to the macro 0.5 retracement, and stresses that XRP would need to reclaim 2.03 as a steadfast foothold before a sustained ascent could truly begin. Thus 2.03 becomes a turning point-an axis around which a next breakout above 2.50 might pirouette into being.

The note continues that clinging to 2.03 as support would spare us another descent toward 1.55 or lower, and that keeping this line intact could also thwart Wave 5 from faltering in its delicate waltz.

What Happens If Support Fails

In her Elliott reverie, CasiTrades concedes that nothing is carved in stone yet, leaving her bullish dream a delightful possibility rather than a stubborn certainty. She observes that XRP’s tumble to new lows created a bullish divergence, yet the market could still retreat to those depths as if chasing a memory.

Her bullish scenario will be confirmed only when it breaches the key resistance, the chart hints. The accompanying diagram suggests the downside if support caves in-a roughly 8% drop from 1.60 to 1.47-an elegant little catastrophe for those who adore precision in tragedy.

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2026-02-04 16:37