Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesStocksEarnInstitutionAI & More
Expert: XRP Is Testing Levels That Could Change the Timeline By Months

Expert: XRP Is Testing Levels That Could Change the Timeline By Months

TimesTabloidTimesTabloid2026/11/13 17:03

The structure she highlights in her new post could determine whether a major rally arrives on schedule or gets pushed back by months.

XRP is currently trading near $1.0334, having slipped below its macro 0.786 Fibonacci retracement. CasiTrades notes the asset is “essentially floating between major levels,” with no clean resolution yet. That compression between support zones is what makes the current moment significant.

Two Outcomes Are on the Table

The first scenario keeps the bullish wave count intact. If XRP forms a double-bottom near the $1 level, that would complete subwave 2 and preserve what CasiTrades calls the “new-trend scenario.” She describes the $1 and $0.90 zones as “major macro buying levels” with few significant supports remaining below them.

The second scenario is more complicated. A new low toward $0.90 would reset the subwave count entirely. CasiTrades explains that this would require “another smaller W1 and W2 before the larger move can really get going,” potentially delaying the breakout by months.

The Macro Target Stays Valid

Neither outcome kills the larger thesis. CasiTrades is clear: “This does not invalidate macro W3 targets.” Double-digit price targets remain valid unless XRP breaks below the $0.77 low from October 2025. That level is the true line in the sand.

Watching the RSI Divergence

The most immediate signal CasiTrades is watching is a developing bullish RSI divergence. While XRP has continued to creep lower, the RSI is forming higher lows, a pattern visible on the 1-hour chart circled around early-to-mid November. She states the divergence “suggests selling momentum is weakening and a potential macro trend reversal is taking shape.”

The key condition is straightforward. CasiTrades wants to see that “bullish divergence trendline hold.” If it does, it supports the case that the asset is building a base rather than entering deeper decline.

Confirmation Still Ahead

Despite the developing signals, CasiTrades keeps the confirmation bar high. There will be no meaningful signal that the bottom is in, she says, “until XRP finally breaks $1.65 resistance.” Until that level gives way, the analysis remains a watch-and-wait situation.

Her plan has not changed. The supports at $1 and $0.90 remain the levels to defend. The divergence is building. The wave count is at a fork. What happens at these levels over the coming sessions will determine whether XRP accelerates into its next major move or takes a longer road to get there.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

To prevent liquidity support from being seen as QE, Federal Reserve's Logan proposes separate accounting for market functioning bond purchases and accelerated sales.

Dallas Federal Reserve President Lorie Logan stated that the Federal Reserve should completely separate market-functionality bond purchases from monetary policy operations, record them independently, and commit to selling them as soon as possible in order to dispel market concerns over the Fed potentially suppressing long-term yields. She emphasized that a full understanding of the Fed’s decision-making logic by the market itself has a stabilizing effect.

华尔街见闻•2026/11/13 23:16