XRP Price Crashing Next? Analysts Warn $2.03 May Fail as Bears Eye $1.65

XRP6,53%

The XRP price is always in the spotlight, especially after failing to stay above a key resistance level. That rejection got attention from a few crypto veterans, who are now warning that downside risk is still on the table. In a chart shared by CasiTrades, XRP appears vulnerable to a deeper pullback if nearby support does not hold.

XRP started the year with strong momentum and briefly pushed above the $2.40 level. Since then, price action has slowed, with XRP now trading closer to the $2.10–$2.15 range. The broader crypto market remains mixed, but XRP’s rejection at a major Fibonacci level has shifted short-term momentum and raised fresh questions about where the XRP price is headed next.

  • What CasiTrades Is Seeing on the XRP Chart
  • Why $2.03 Matters for the XRP Price
  • XRP Indicators: RSI and Momentum Context
  • Where Is the XRP Price Headed Next?

What CasiTrades Is Seeing on the XRP Chart

Based on CasiTrades’ take, XRP rallied into the macro 0.382 Fibonacci resistance near $2.41, a zone that often decides whether a move continues or stalls during a correction. The initial push into that level looked promising, but buyers were unable to maintain pressure. Without strong follow-through, price rolled over, suggesting the move was running out of strength rather than breaking into a new trend.

From a structural standpoint, this type of rejection often leads to a pullback toward lower support levels rather than immediate continuation higher.

Source: X/@CasiTrades

Why $2.03 Matters for the XRP Price

The $2.03 area is now the key level to watch. This zone lines up with the macro 0.5 Fibonacci retracement and has acted as a support area in the recent structure. CasiTrades expects XRP to react here, potentially producing a short-term bounce toward the local 0.618 retracement near $2.26.

However, the quality of that bounce matters. If XRP fails to reclaim $2.41 after bouncing from $2.03, it would suggest the move is corrective rather than bullish. In that case, downside pressure could remain intact.

One of the more cautious parts of CasiTrades’ XRP price prediction is that $1.65 remains a valid downside target. This level represents the macro 0.618 Fibonacci support, a zone where buyers may step in more aggressively if price continues lower.

The analyst points out that the earlier move into $2.41 lacked strong volume and impulsive structure. Without those characteristics, the market often needs more time to reset. A failure at $2.03 could open the door for a deeper move toward $1.65 before XRP finds more stable footing.

XRP Indicators: RSI and Momentum Context

Momentum indicators add to this cautious outlook. RSI has cooled significantly from overbought levels and now sits in a neutral range. That leaves room for a short-term bounce, but it also reflects fading upside momentum after the rejection.

CasiTrades notes that if XRP bounces from $2.03, traders should watch closely for signs of weakness, such as declining volume or bearish divergence. Those signals would strengthen the case for another leg lower.

Rea also: How Much Will XRP Be Worth at the Bitcoin, Silver, or Apple Market Cap?

Where Is the XRP Price Headed Next?

So where is the XRP price headed next? In the short term, everything revolves around $2.03. A strong hold and convincing reaction could keep XRP trading in a range between $2.00 and $2.40. On the other hand, a weak bounce or a clean break below $2.03 would increase the chances of a move toward $1.65.

This analysis does not invalidate XRP’s longer-term outlook. Instead, it suggests that the current phase may still involve deeper consolidation before any sustained upside move can develop.

For now, CasiTrades’ XRP price prediction serves as a reminder that failed breakouts often lead to retests of lower support, and that structure, not excitement, usually decides the next move.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Best Crypto to Invest In Right Now: XRP ETF Surpasses $1.25 Billion as Pepeto Targets 100x Returns

XRP ETFs just delivered another clear signal. All US spot XRP funds combined added over $7 million in a single day on Tuesday, with inflows recorded for seven consecutive days. The cumulative total since launch has now reached $1.25 billion. Bitwise’s XRP product alone holds $269 million in

CaptainAltcoin49m ago

ChatGPT Predicts The Price Of XRP And Solana If U.S.–Iran Peace Talks Succeed

Markets woke up to a surprising headline today. U.S. equity futures jumped after reports that Iran may have quietly approached Washington with a proposal to start negotiations that could end the war. The outline circulating in early reports claims Iran could scale back parts of its ballistic-m

CaptainAltcoin2h ago

Bitwise XRP ETF Becomes Largest in America - U.Today

Bitwise's spot XRP ETF has become the largest fund in the U.S., with $10 million in weekly inflows, surpassing competitors. The XRP ETF market has attracted $1.25 billion in cumulative inflows, with Bitwise leading at $269.05 million in assets under management.

UToday2h ago

Will XRP Hold $1.33 or Extend Toward $1.30 Before Rebound?

XRP is currently trading at $1.35, experiencing a 1.3% decline. Key support is at $1.34, while resistance is at $1.40. The price is testing around the Fibonacci levels of $1.33 and $1.30, crucial for potential upward movement or deeper decline.

CryptoNewsLand3h ago

XRP ETF Inflows Drop 45% as US Dominates Crypto Funds

XRP ETF inflows fell 45% to $1.9 million last week, but year-to-date inflows remain strong at $153 million. Despite the slowdown, XRP saw no outflows, with robust monthly inflows of $106.8 million, leading among comparable products. US investors dominate the market, driving significant crypto ETF inflows.

CryptoFrontNews3h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)