XRP hasn’t delivered the ATH pump many expected after spot ETF approvals. Trading around $2.10 now, veteran trader CasiTrades is mapping out what comes next.
The key takeaway: $2.03 is the actual support zone to watch. This level aligns with the 0.5 Fibonacci area—historically a strong bounce zone in healthy markets. Casi expects price action to zig-zag down toward it rather than free-fall straight.
The invalidation point is clear: if XRP breaks above $2.41, the bearish setup breaks. Below that, the chart is still pointing down.
What if it goes lower? $1.65 (0.618 Fibonacci) is the next floor, but Casi frames this as opportunity, not catastrophe. The current range is essentially a quiet accumulation window before the real move—and she’s right: the best entries usually come before breakouts, not after them.
Bonus catalyst: Five more XRP ETFs pending approval in November. Fresh institutional money could flip the narrative entirely. If demand kicks in, XRP could test its $3.80 ATH and beyond.
Current snapshot: $2.10 price, $129B market cap, 24h slight dip. The chart’s giving a message—question is who’s listening.
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XRP at $2.10: Is $2.03 the Real Setup Point?
XRP hasn’t delivered the ATH pump many expected after spot ETF approvals. Trading around $2.10 now, veteran trader CasiTrades is mapping out what comes next.
The key takeaway: $2.03 is the actual support zone to watch. This level aligns with the 0.5 Fibonacci area—historically a strong bounce zone in healthy markets. Casi expects price action to zig-zag down toward it rather than free-fall straight.
The invalidation point is clear: if XRP breaks above $2.41, the bearish setup breaks. Below that, the chart is still pointing down.
What if it goes lower? $1.65 (0.618 Fibonacci) is the next floor, but Casi frames this as opportunity, not catastrophe. The current range is essentially a quiet accumulation window before the real move—and she’s right: the best entries usually come before breakouts, not after them.
Bonus catalyst: Five more XRP ETFs pending approval in November. Fresh institutional money could flip the narrative entirely. If demand kicks in, XRP could test its $3.80 ATH and beyond.
Current snapshot: $2.10 price, $129B market cap, 24h slight dip. The chart’s giving a message—question is who’s listening.