XRP Reacts Powerfully After Precise Touch Of The $2.07 Fib Zone
XRP showed a powerful technical reaction after dipping precisely to the $2.07 Fib confluence zone, where multiple key levels aligned — including the golden .618 Fib retracement and wave-based extensions. The sharp bounce...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
XRP showed a powerful technical reaction after dipping precisely to the $2.07 Fib confluence zone, where multiple key levels aligned — including the golden .618 Fib retracement and wave-based extensions. The sharp bounce from this area signals a potential end to the recent correction and opens the door for further upside.
The Perfect Bounce: XRP Finds Bottom At $2.07 ConfluenceCasiTrades, in a latest post on X, stated that on Friday, XRP dipped precisely to the $2.07 confluence zone, aligning with the golden .618 retracement, the 1:1 extension for wave C, and the .618 extension for subwave 5. She noted that a sharp reaction from that level would confirm the correction bottom, and the market did exactly that, snapping upward from the $2.07 mark.
Since then, momentum has steadily increased, with bullish pressure building over time. Price action is now pressing into a critical resistance zone at $2.25, a level that represents the macro .382 Fibonacci retracement and has served as a significant technical barrier for months. Breaking and holding above this level could signal a shift from recovery to full-blown bullish continuation.
Adding to the momentum, Ripple dropped its appeal, and the US SEC’s withdrawal could be the next trigger to price spikes. According to CasiTrades, the legal finish line is finally in sight, just as the price completes its correction structure, a timing she believes is no coincidence. This, she emphasized, is why technical analysis matters: it allows traders to identify key setups before the news breaks, positioning ahead of market-moving headlines.
Key Short-Term Scenarios To WatchThe analyst further explained that from this point, she is closely watching two key short-term scenarios unfold. In the first scenario, XRP makes a move up to around $2.30, followed by a pullback to retest $2.25 — this time as support, which CasiTrades considers an ideal and healthy move.
The second scenario involves a stronger push straight through to the $2.45 zone, heading toward the larger resistance near $2.69. In this case, a minor pullback would likely occur just before the price interacts with the $2.69 resistance area. After that, the analyst anticipates a backtest of the $2.25 level.
Either way, she emphasized that $2.25 remains the critical level to watch. Successfully flipping it sets the stage for a much larger breakout move. CasiTrades added that Friday’s bounce wasn’t just a random spike; it was a precise reaction to a completed structure. With wave 2 down, wave 3 is officially underway, and once these nearby resistance levels are cleared, it could all lead to a surge.
Why this matters
This altcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on NewsBTCRelated market context
Bitcoin (BTC) Price Prediction: BTC Holds $63K Support—Can Rising Active Addresses Offset Bearish Technical Signals?
Although the BTC price has remained near a key support zone, recent chart signals and Strategy’s sale of a portion of its Bitcoin...
Ethereum (ETH) Price Prediction: ETH Holds Near $1,780 as Bulls Eye $1,860–$1,950, but $1,609 Remains Key Invalidation
Ethereum price is trading near $1,779 after a mixed 24-hour session, according to Brave New Coin data. ETH is down around 0.76% on...
XRP Price Prediction: Volume and ETF Inflow Send Ripple Token Higher
XRP price pushed above the $1.14 resistance area after buyers stepped in with heavy volume and bullish prediction. The token climb...
Hyperliquid (HYPE) Price Prediction: Symmetrical Triangle Breakout Puts $77 Target Back in Focus
The breakout comes after several sessions of price compression, with HYPE continuing to trade within a broader technical structure...
Bitcoin Price Prediction: Saylor’s Strategy is a Risk to Bitcoin, According to JP Morgan
JPMorgan has flagged a structural risk most Bitcoin price prediction bulls haven’t priced in: the same entity driving the most agg...
XRP Price Prediction: SuperTrend Buy Signal Meets Shrinking Supply as $1.24 Breakout Comes Into Focus
After a fresh SuperTrend buy signal appeared on the 4-hour chart, analysts are watching whether the XRP price can extend its recen...