{"id":132379,"date":"2026-02-04T13:00:14","date_gmt":"2026-02-04T13:00:14","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=132379"},"modified":"2026-02-04T13:00:14","modified_gmt":"2026-02-04T13:00:14","slug":"xrp-just-hit-a-golden-pocket-relief-bounce-puts-price-at-2-5","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=132379","title":{"rendered":"XRP Just Hit A Golden Pocket, Relief Bounce Puts Price At $2.5"},"content":{"rendered":"

XRP is showing signs of a potential bullish turnaround<\/a> after recently hitting a Golden Pocket. Analysts say this Golden Pocket could trigger a strong relief bounce in the XRP price, potentially propelling it toward $2.50. At the same time, they predict that a price drop to new lows remains possible<\/a> if the market does not unfold as expected.\u00a0\u00a0<\/p>\n

In an X post on Monday, crypto market analyst CasiTrades announced<\/a> that XRP has hit a Golden Pocket, bringing attention to an upcoming W4 relief bounce that could fuel a rally to $2.5. Sharing a detailed Elliot Wave chart<\/a>, she noted that XRP experienced an expected flush into the Golden Pocket<\/a> around the 0.618 Fibonacci level near $1.93. At the same time, the cryptocurrency aligned well with the 1.618 Extension for Wave 3, which CasiTrades describes as a textbook move.\u00a0<\/p>\n

XRP Golden Pocket Signals Rally To $2.5<\/h2>\n

According to the analyst, this sets the stage for a full Wave 4 relief to begin. She pointed out that the first resistance to watch is the 0.382 Fibonacci Retracement level at $1.78, which also coincides with a previous support breakdown and could serve as a backtest of resistance.\u00a0<\/p>\n

Related Reading: XRP To $11, And Then $70: The Next Impulse Wave To Watch Out For<\/a><\/p>\n

CasiTrades noted that XRP experienced a very shallow Wave 2, only retracing to the 0.382 Fibonacci level in the Elliott Wave chart structure. She explained that modest Wave 2 corrections often signal a deeper Wave 4 retracement, indicating the XRP price could experience a stronger pullback<\/a> during the next corrective phase before potentially resuming its upward trend.\u00a0<\/p>\n

Based on this pattern, the analyst stated that Wave 4 could push XRP higher, potentially reaching the $1.93 level from its current price of around $1.60. She added that the cryptocurrency could climb further to $2.03, which corresponds to the macro 0.5 retracement level. CasiTrades emphasized that XRP would need to reclaim the $2.03 level and hold it as support before a sustained upward move could begin. This highlights $2.03 as a key turning point that could trigger XRP\u2019s next breakout phase<\/a> above $2.50.\u00a0<\/p>\n

The analyst further explained that holding $2.03 as support would eliminate the need for another corrective wave<\/a> down toward $1.55 or lower. She added that maintaining this level could also prevent\u00a0 Wave 5 from failing.\u00a0<\/p>\n

What Happens If Support Fails<\/h2>\n

In her Elliott Wave analysis, CasiTrades admitted that \u201cnothing is confirmed yet,\u201d keeping her bullish outlook for XRP speculative. She noted that XRP\u2019s recent drop to new lows created a Bullish Divergence<\/a>, but the market could still revisit lows.<\/p>\n

CasiTrades said that XRP\u2019s bullish scenario will only be confirmed once it breaks through the key resistance level. The accompanying chart highlights the potential downside of support failing, projecting a roughly 8% decline from $1.60 to $1.47. \u00a0<\/p>","protected":false},"excerpt":{"rendered":"

XRP is showing signs of a potential bullish turnaround after recently hitting a Golden Pocket. Analysts say this Golden Pocket could trigger a strong relief bounce in the XRP price, potentially propelling it toward $2.50. At the same time, they predict that a price drop to new lows remains possible if the market does not […]<\/p>\n","protected":false},"author":0,"featured_media":132380,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-132379","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/132379"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=132379"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/132379\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/132380"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=132379"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=132379"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=132379"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}