Popular X analyst CasiTrades (@CasiTrades) has detailed a potential bullish outlook for XRP.
At the time of the evaluation, XRP was exchanging hands close to $1.32 following a retreat from resistance at $1.65. This formation may shape the cryptocurrency’s path for the coming months.
Technical traders have turned their attention to the 4-hour chart structure. The specific waves and price levels highlighted in her chart indicate a crucial turning point is approaching.
THIS IS THE WAVE I'VE BEEN WAITING FOR ON XRP!
We're getting VERY close to finding out whether ripple:native has begun a new trend or if we're headed back below $1 to test those lower supports.
As I mentioned in my last update, XRP didn't necessarily need another high.… pic.twitter.com/ddadismLDz
— CasiTrades (@CasiTrades) October 8, 2026
The Setup CasiTrades Has Been Watching
CasiTrades views the recent price action as a Wave 2 correction succeeding what she defines as a finished Wave 1 impulse that established a low near $0.94. The climb to $1.65 represented Wave 3 territory, and XRP has subsequently faced rejection at that threshold multiple times. She points out that “the bearish structure had been building for weeks” before the pace of the pullback quickened.
According to the chart, XRP has negated the final Wave 4 push and currently rests at the local 0.5 retracement mark. The primary support zones sit at $1.26 and $1.10, aligning with the 0.618 and 0.786 Fibonacci levels. CasiTrades emphasizes that defending either mark “would strengthen the new-trend count.”
RSI Signals
On the 4-hour timeframe, the RSI registers at 32.60, pointing to heavily oversold territory. CasiTrades observes that momentum touched the latest low “with extreme strength” and is presently easing. She views this dynamic as preparation for a prospective bullish divergence during the subsequent downward wave.
The RSI triangle displayed on the chart supports this argument. The combination of momentum compression and price compression is a configuration that CasiTrades closely tracks.
The Line in the Sand
CasiTrades identifies $0.98 as the pivotal threshold that alters the outlook completely, designating it as “the line in the sand.” A daily close underneath that threshold would completely invalidate the new-trend scenario and expose the $0.87 region to testing. She notes that such a development could postpone “the larger bullish move by months.”
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— TimesTabloid (@TimesTabloid1) June 15, 2025
As long as prices stay above $0.98, the framework stays valid for what she characterizes as a potentially substantial Wave 3, provided XRP maintains either crucial support level and validates the completion of the correction.
How to Position Now
CasiTrades cautions against reacting emotionally during this phase. Her recommendation is to “ladder buys at the fib targets.” Rather than attempting to pinpoint the absolute bottom, she suggests gradually entering positions at $1.26 and $1.10 should the asset decline to those figures.
She characterizes this phase as “one of the BEST waves to ladder into” if XRP has genuinely entered a new macro trend. Rather than causing alarm, the correction provides the exact scenario required by the setup.