XRP remains in a holding pattern, according to the latest chart analysis shared by crypto analyst @CasiTrades. Despite a relatively subdued weekend, XRP continues to trade above critical support levels, indicating that the current bullish structure has not been invalidated.<\/p>\n
A closer look at the 4-hour XRP\/USD chart by @CasiTrades shows<\/a> two converging trend lines that have formed a symmetrical triangle spanning from mid-January to mid-March. XRP\u2019s price action has respected both the upper and lower boundaries of this formation until early March.<\/p>\n Back then, the XRP price initially staged a breakout attempt, but it turned out to be a fakeout and quickly failed. However, the second breakout now appears more promising. Following the move above the trendline, XRP is currently undergoing a bullish retest and has successfully bounced off the breakout level.<\/a> If this retest holds in the coming days, it could signal that the bulls are gaining control and have won this critical battle for momentum.<\/p>\n Fibonacci retracement levels stand out as key guides for potential continuation or reversal. The 0.382 retracement near $2.26 has clearly acted as a critical support, while the 0.236 level near $2.70 aligns with a horizontal zone that functioned as prior support in early February before flipping to short-term resistance.<\/p>\n \u201cXRP Holding Strong, But Still in Waiting Mode! It\u2019s been a quiet weekend for XRP, but the bullish structure remains intact. We\u2019re still holding above $2.26, the key .382 retracement support, and price has spent some time flipping the consolidation to support\u2014markets are setting up for the next move!\u201d Casi notes.<\/p>\n A step higher on the chart sits the 0.118 retracement near $3.05, which lies just under a horizontal band that previously capped price action in late January. These thresholds combine to create a layered resistance region between $2.70 and $3.05, an area XRP would need to overcome for a credible shift in market sentiment.<\/p>\n Signs of strength would become more conclusive if XRP could break above $3.40, a threshold that @CasiTrades emphasizes as necessary to confirm a broader trend change. The analyst highlights $3.40 as a defining technical barrier that must be cleared before traders can speak of a \u201cnew trend<\/a>,\u201d possibly corresponding to wave 3 of a larger market cycle. The chart also shows a projected line pushing toward $3.80, which suggests that any breakout above $3.40 could be substantial, although the analyst maintains that confirmation must precede any speculation about reaching higher price targets.<\/p>\n On the downside, the chart indicates that if the 0.382 Fibonacci at roughly $2.26 should fail, support at $1.90 (the 0.5 retracement) would be the next logical safety net for buyers. Even lower levels near $1.54 represent the origin of the latest upward swing and could attract significant demand if the market were to experience an extended sell-off. RSI readings on the 4-hour timeframe hover in the mid-50 range, pointing to a market that is neither overbought nor oversold. This neutral momentum further underscores the \u201cwaiting mode\u201d described by @CasiTrades, in which participants appear cautious about placing aggressive bets ahead of a decisive breakout or breakdown<\/a>.<\/p>\n In commentary shared via X, the analyst concludes: \u201cXRP needs to break above $3.40 to confirm our new trend, but until then we are waiting signs of confirmation, which may not be obvious until wave 3 in the market cycle. Key Fib levels have already been reached. The market is on the edge of a breakout, and this week could be a defining moment!\u201d<\/p>\n At press time, XRP traded at $2.29.<\/p>","protected":false},"excerpt":{"rendered":" XRP remains in a holding pattern, according to the latest chart analysis shared by crypto analyst @CasiTrades. Despite a relatively subdued weekend, XRP continues to trade above critical support levels, indicating that the current bullish structure has not been invalidated. XRP Price Remains Bullish A closer look at the 4-hour XRP\/USD chart by @CasiTrades shows […]<\/p>\n","protected":false},"author":0,"featured_media":52763,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-52762","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\/52762"}],"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=52762"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/52762\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/52763"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52762"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52762"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52762"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}