XRP Approaches Macro Breakdown Zone, Analyst Warns | Crypto News
XRP’s price motion in November has dragged it below $2, but technical analysis suggests that the breakdown may not be over.
A new technical outlook from crypto analyst CasiTrades suggests that the XRP price is coming into the ultimate levels of its corrective construction. The analyst believes the current actions are half of a clean Elliott Wave formation that is approaching its ultimate wave to as low as $2.65 before a major bullish reversal takes place.
XRP Breaks Below Fibonacci Levels As Wave Structure Unfolds
XRP’s volatility has intensified in current days as the cryptocurrency continues to unwind into new November lows. Price motion across the major exchanges reveals a regular decline beneath retracement ranges that have pushed XRP into deeper corrective territory.
CasiTrades famous that XRP’s drop beneath the 0.5 Fibonacci retracement on Coinbase was the transfer that confirmed additional draw back. According to the analyst, she had already warned that a failure of this degree would open the door to a wave of promoting toward the prolonged Wave 3 assist at roughly $1.84. XRP reached that goal with precision, while Binance’s chart tagged its own macro .5 degree around $1.88.
The current bounce back above $1.9 could be wanting like a reversal but is definitely a subwave 4 reduction transfer. This means XRP is quickly recovering from deeply oversold circumstances, yet the core market construction still factors to one more leg decrease before the pattern shifts.
Based on the Fibonacci map and wave depend, the technical outlook is for XRP to retest acquainted resistance ranges around $2.00 or $2.09 before the ultimate decline begins.
Get Ready! XRP Likely to take a look at the Macro .618!
XRP has formally damaged below its .5 retracement on Coinbase, and just like I said in my last update, if that degree fails, the next goal would be the prolonged Wave 3 assist around $1.84. We’ve now reached that completely and… pic.twitter.com/tSQdVAlpdY
— CasiTrades (@CasiTrades) November 21, 2025
$1.65 As The Final Level To Complete Correction
The most important space in CasiTrades’ outlook is the macro 0.618 assist, positioned close to $1.65. This degree aligns across both Coinbase and Binance and sits at the center of the analyst’s projection for where Wave 5 of the correction ought to land.
The chart above reveals a descending wedge assembly the macro assist, along with an RSI pattern that has continued building a bullish divergence. These indicators counsel that momentum is flattening. However, CasiTrades believes that XRP dipping into the $1.65 area would mark the second the correction concludes.
The analyst also identified that Bitcoin’s chart is shifting in concord with XRP’s construction. At the time of writing, Bitcoin has approached its own macro 0.382 retracement but has not totally reached it yet.
The expectation is that XRP’s ultimate leg to $1.65 will happen concurrently with Bitcoin sliding to a clean $80,000 contact. CasiTrades tasks Bitcoin coming into its Wave 5 advance into new all-time highs shortly after touching its assist.
If that state of affairs performs out, both property would full their macro helps at the same second, setting the stage for a synchronized bullish reversal.
At the time of writing, XRP is trading at $2.02.
Featured image from Gemini, chart from TradingView
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