XRP finds itself at a pivotal juncture following a move that touched the 0.382 Fibonacci retracement near the $2.24, as highlighted by crypto analyst Casie (@CasiTrades). Referring to this zone as \u201cXRP Reaching C Top,\u201d she pointed out that this level aligns precisely with the upper boundary of the latest three-wave ABC pattern. From her perspective, that tap near $2.24 has now triggered bearish signals on the RSI, suggesting a potential short-term reversal, indicating that a deeper correction may be around the corner.<\/p>\n
\u201cEither one of these major supports could be XRP\u2019s next pivot,\u201d Casie stated<\/a> when describing two possible retracement zones at $1.90 and $1.55. She labeled $1.90 as the 0.5 Fibonacci retracement and \u201ca critical backtest area,\u201d while identifying $1.55 as \u201cthe golden .618 Fib retrace\u201d and a prime candidate for what\u00a0Elliott Wave<\/a>\u00a0theorists might see as a Wave 2 corrective low.<\/p>\n On her chart, these price levels are marked as major supports that could each prompt an eventual pivot toward higher highs. According to Casie, the overarching bullish structure remains intact, with the short-term dip now needed for confirmation before any renewed push upward.<\/p>\n In her follow-up commentary, Casie reiterated her bullish stance by saying, \u201cBreakout to new highs in April! Remember, ANY wave 3 extension target is valid\u20146.50 USD, 9.50 USD, 13 USD, 26 USD.\u201d This statement aligns with her broader Elliott Wave Theory approach, in which she sees the current corrective leg as a precursor to a potentially powerful third wave extension.<\/p>\n Her chart, originally shared in mid-March under the heading \u201cXRP Holding Strong, But Still in Waiting Mode!,\u201d showed that the project was already holding above $2.26, a level she called \u201cthe key .382 retracement support,\u201d while pinpointing higher upside targets at $2.70 and $3.05 once the market confirms another upward wave.<\/p>\n Casie further mentioned that \u201cXRP needs to break above $3.40 to confirm our new trend,\u201d explaining that until that happens, the next big move remains in question. Traders who follow her work will note that the RSI divergence visible on multiple timeframes has added to short-term bearish concerns, but the medium- to long-term picture, in Casie\u2019s view, still indicates scope for a new rally once price revisits and confirms support<\/a>.<\/p>\n As of now, all eyes remain on whether XRP\u2019s pullback finds support at one of Casie\u2019s highlighted Fibonacci levels. The price briefly breached $2.20 but has since shown signs of faltering momentum, leaving traders to watch if $1.90 \u2014or ultimately $1.55 \u2014will emerge as a pivotal bounce zone. If XRP does stabilize at or above those areas, sentiment could shift once more toward fresh highs, especially if the broader market cooperates.<\/p>\n