XRP Final Test: Will Wave 4 End With One More Shakeout Before Liftoff?

XRP hovers at a key resistance, signaling a crucial decision ￰0￱ momentum building, traders now wonder, will one final dip come before the next major breakout? XRP Faces A Crucial Decision Zone Amid Ongoing Range CasiTrades, in a recent market update, highlighted that XRP continues to range within a critical zone, keeping its setup for a potential final wave down ￰1￱ analyst noted that the price remains at a key decision point, with ongoing tests of the Wave 4 highs acting as a firm ceiling against further upside ￰2￱ Reading: Boom Incoming? XRP’s Market Setup Looks ‘Explosive,’ Analyst Says According to CasiTrades, the pivotal level to watch is $2.82 on Binance.

A confirmed breakout and sustained hold above this resistance would invalidate the bearish setup and signal renewed bullish momentum. However, XRP has so far failed to push through, maintaining a range-bound structure between support and resistance, a sign that the market has yet to commit to a clear directional ￰3￱ analyst emphasized that a V-shaped recovery typically breaks through resistance with strong conviction, but such a move has not been seen here. Instead, XRP’s hesitancy indicates that selling pressure may still be present, preventing a clean continuation to the ￰4￱ Variations Add Complexity To Market Analysis CasiTrades went on to explain that most major exchanges are now aligning around their key Fibonacci retracement levels, particularly the 0.618 ￰5￱ Binance, this range sits between $1.35 and $1.46, which the analyst identified as the area where the next corrective wave could ￰6￱ to the expert, this move would finalize the macro Wave 2 correction, paving the way for a powerful Wave 3 impulse that might propel XRP toward $6.50 or even $10.

Related Reading: XRP Sparks Bullish Frenzy As Top Software Dev Says It Beats ETF Hype The analyst emphasized that these lower price levels shouldn’t be viewed as a cause for concern but rather as valuable accumulation opportunities for long-term investors. Historically, zones like these have marked points of strong institutional buying and major trend reversals, presenting some of the best risk-to-reward setups before a large bullish ￰7￱ also noted that exchange discrepancies add a layer of complexity to the ￰8￱ instance, during a recent liquidation event, Binance briefly fell to $0.77, while Coinbase never reached its .618 ￰9￱ variation means traders should always chart on the specific exchange they plan to execute trades on, as price reactions can differ slightly between ￰10￱ conclusion, the analyst noted that until XRP breaks and holds above $2.82, the market structure still supports the idea of one final downward wave before a major upward cycle ￰11￱ image from Getty Images, chart from ￰12￱