XRP Looks Ready for Its Final Drop

CasiTrades (@CasiTrades), a prominent crypto market analyst, has released a detailed chart and commentary suggesting that XRP may be entering the final leg of its corrective structure before a major bullish ￰0￱ latest post highlights that XRP has “rejected the Wave 4 resistance near $2.68,” showing early signs of renewed downside ￰1￱ chart presents a clear Elliott Wave framework with XRP trading around $2.47 at the time of ￰2￱ to the structure, XRP’s decline completed its fourth corrective wave, and it is now forming the fifth wave of the ￰3￱ Wave 4 rejection coincides with Fibonacci retracement levels between $2.65 and $2.69, areas that historically mark the transition point between retracement and continuation within corrective ￰4￱ Looks Ready for Its Final Drop XRP is reacting exactly as expected after rejecting the Wave 4 resistance near $2.68.

Price is now turning bearish, and RSI is making a new low, starting to confirm that Wave 5 down is underway… On #Coinbase , the key supports to… ￰5￱ — CasiTrades (@CasiTrades) October 30, 2025 Key Support Levels to Watch CasiTrades identified $2.42, $2.03, and $1.65 as the critical support levels to monitor as XRP begins its next ￰6￱ noted that falling below $2.42 would confirm a bearish continuation toward the lower targets at $2.03 and $1.65. The chart shows alignment between these levels and major Fibonacci retracement zones, particularly the 0.618 extension near $1.65, which also aligns with the projected termination of Wave ￰7￱ structure indicates that XRP’s recent decline could still have room to extend before establishing a durable ￰8￱ analyst emphasized that both $2.03 and $1.65 represent strong technical alignment that could attract accumulation once the downward move reaches ￰9￱ move toward these levels would mark the completion of the corrective cycle, potentially setting the stage for a significant trend reversal in the months ￰10￱ are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Reversal Indicators Amid RSI Weakness Supporting the bearish scenario, the Relative Strength Index (RSI) on the four-hour chart has begun forming a new low, signaling increasing downside ￰11￱ explained that RSI is “making a new low, starting to confirm that Wave 5 down is underway.” However, she also stated that as the price approaches the final support region, she will monitor the RSI for signs of a bullish divergence , an early indication that selling momentum is weakening and a bottom could be ￰12￱ RSI currently sits near the midline, suggesting that further decline could unfold before a reversal ￰13￱ for a Shift in Momentum While October appears to be ending on a weaker note, CasiTrades believes that “November could kick off the next major wave.” The analysis suggests that after the completion of the corrective Wave 5, XRP could initiate a strong impulsive rally consistent with the next wave in the larger Elliott Wave ￰14￱ : This content is meant to inform and should not be considered financial ￰15￱ views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s ￰16￱ are advised to conduct thorough research before making any investment ￰17￱ action taken by the reader is strictly at their own ￰18￱ Tabloid is not responsible for any financial ￰19￱ us on X , Facebook , Telegram , and Google News