XRP has delivered the kind of price action technicians crave: a sharp revisit of a critical level followed by a decisive 0 weeks of uneven movement across the crypto market, the token’s latest move has injected fresh conviction into a chart that had looked increasingly 1 traders and investors alike, this perfect backtest is more than a fleeting moment—it provides a clear roadmap for what comes 2 Perfect Backtest Explained Market analyst CasiTrades captured the event succinctly, calling it “the backtest of $2.79 support was perfection—exactly where we’d expect momentum to step in.” That $2.79 zone aligns with the macro 0.5 Fibonacci retracement, a level that has repeatedly acted as a floor during the current 3 this structure, CasiTrades notes, keeps the bullish Elliott Wave count intact and suggests that a powerful Wave 3 advance remains possible.
XRP's Support Perfect Backtest and What It Means for the Next Move! The backtest of $2.79 support was perfection! – exactly where we'd expect momentum to step in! The macro .5 fib is continuing to act as major support in this correction… That said, the market still… 4 — CasiTrades (@CasiTrades) September 24, 2025 Current Market Snapshot As of report time, XRP trades at $2.81 , according to real-time data from major market 5 volumes remain strong, reflecting steady interest from both retail and institutional 6 technical precision stands out in a sector where most large-cap cryptocurrencies are experiencing similar corrections without the same clear structural 7 Levels to Monitor CasiTrades highlights three price gates that will determine XRP’s next major swing.
First, the token must “break and hold above $2.97 ,” which represents the 0.854 retracement and the structural bottom of Wave 1. Second, flipping the macro 0.382 Fibonacci at $3.00 into support would “confirm new trend for our Wave 3 up.” If these hurdles fail to give way, the market could revisit $2.79 or even dip toward $2.58, the 0.618 retracement 8 thresholds are not mere chart trivia—they are the key markers separating bullish continuation from another leg 9 are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Momentum and Broader Signals Technical indicators reinforce the importance of these 10 Relative Strength Index remains neutral, suggesting room for either an upside breakout or another corrective 11 volume continues to hover near recent averages, providing liquidity but not yet the surge that typically accompanies a confirmed 12 for the Next Move The significance of this “perfect backtest” lies in the clarity it 13 CasiTrades emphasizes, sustained strength will only emerge if $2.97–$3.00 is reclaimed and defended.
Otherwise, the market should prepare for a controlled retreat to prior 14 disciplined traders, this means allowing price action to confirm direction before committing significant capital, using the clearly defined Fibonacci levels as a guide. XRP’s recent performance has turned a noisy market into a technically coherent 15 the token launches into a fresh Wave 3 or revisits its lower supports will depend entirely on how it behaves at these pivotal levels—making the coming days critical for anyone tracking the next chapter of XRP’s bullish 16 : This content is meant to inform and should not be considered financial 17 views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s 18 are urged to do in-depth research before making any investment 19 action taken by the reader is strictly at their own 20 Tabloid is not responsible for any financial 21 us on Twitter , Facebook , Telegram , and Google News
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