XRP’s trip to a new maximum of all time is emerging with remarkable precision. After weeks of constant accumulation and shallow setbacks, the graph finally comes alive and the impulse is being built rapidly. From the key fibonacci retaccos to the shoots, everything is being aligned with what could be the most exciting movement of XRP until now. This is how it is developing.
The shallow setbacks of the signal signal in the XRP upward structure
Casitrades cryptographic analyst revealed that the XRP price was withdrawn to $ 2.85, which is aligned with the FIB 0.236 decline level. This minor setback follows a strong ascending trend and suggests that the market can be refreshing before its next higher movement.
According to the analyst, XRP “continues to support the levels of bullish recoil, such as .118 + .236”. Casitrades declared that this is exactly what we want to see in the upward continuation, pointing out the shallow retractions as a sign of force. XRP’s ability to maintain these support levels indicates that bulls remain in control and that the impulse can soon return.
XRP is directed once again to a key level. As the analyst said: “Now, XRP is reaching $ 3.04 again, the next level of macro resistance.” This level represents a significant barrier, and claiming it could define the trajectory of the next main movement. Casitrades highlighted the potential of a break, saying that turning this in support is the great final obstacle before entering the discovery of prices, which could send XRP to an unknown territory.
The time trend line offers a clear road map for the next XRP movement
Casitrades continued to affirm that a strong line of trend is formed in the chart per hour, a structure that is demonstrating to be valuable to monitor support, resistance and time. This trend line is configuring market expectations and offers a technical roadmap for possible short -term movements.
Using this framework, the analyst suggests that “we should see a break at $ 3.18 today”, identifying it as a key resistance level in multiple deadlines. If confirmed, this projected movement would be an incredibly optimistic signal, hinting at a renewed force behind the XRP price action.
However, in case of rejection of $ 3.18, Casitrades indicates that a subsequent test of $ 3.04 FIB could follow. Based on the trajectory of the current trend line, this could occur until Friday, allowing a possible setback before a significant manifestation.
“Playing the way I have described would be a strong sign that the market is ready to accelerate,” concluded the analyst. If the purchase pressure persists and the technical conditions are aligned, XRP could begin a vertical expansion very soon, which suggests that a parabolic movement may not be far away.
