XRP has entered a pivotal stage as the wave structure traders have been 
tracking for months finally begins to take shape. With volatility increasing 
and crucial price levels approaching, the next few moves could provide 
valuable clues about whether XRP is nearing a bottom or preparing for another 
leg lower before a sustained recovery can begin. Breaking Key Support As Long- 
Awaited Setup Unfolds According to CasiTrades, the crypto market is finally 
showing the selling pressure that many analysts have been anticipating for 
months. As a result, XRP has begun breaking below a key support level, 
signaling that the correction may be entering a more decisive phase. Related 
Reading: The Rapid XRP Growth Trajectory That Investors Should Be Aware Of The 
analyst explained that the development of smaller subwaves has been closely 
monitored to determine whether the market&#8217;s ultimate downside target would be 
around $1.10 or the $0.87 support zone. Based on the current structure, 
CasiTrades believes XRP is forming a subwave 3 decline, a phase that is 
typically known for being the strongest and fastest part of an Elliott Wave 
correction. Such waves often bring accelerated downside momentum and can 
quickly drive prices toward major support areas. From a technical standpoint, 
the 1.618 Fibonacci extension of the current move points to a target near 
$0.92. This level sits just above the long-discussed $0.87 support zone, 
strengthening the case that XRP could be approaching a critical phase. XRP’s 
Projected Roadmap: Drop, Bounce, Then One Final Test CasiTrades’ current 
market roadmap for XRP outlines an anticipated trajectory consisting of three 
distinct phases. The initial expectation is a sharp move down toward the $0.92 
level, followed by a relief bounce back toward approximately $1.20, which is 
projected to function as resistance. This path concludes with one final 
downward move aimed at testing the critical $0.87 support zone. Related 
Reading: XRP And XLM Correlation Sparks Hopes Of A Recovery Surge However, it 
is essential to remember that market behavior rarely adheres perfectly to 
textbook projections. While this three-wave sequence represents the primary 
expectation, there is a distinct possibility that the market could deviate 
from this path. If the reaction from the W3 low exhibits enough force, there 
is a viable chance that XRP may not require a final wave to reach the $0.87 
support. The earliest indicator of this scenario would be the price reclaiming 
key resistance levels and decisively breaking above $1.30 with clear strength. 
We have spent the last four months monitoring the market as this specific 
structure developed, and we are finally arriving at the most critical phase. 
As we approach these pivotal levels, the upcoming price action will be 
decisive in determining whether the correction concludes early or proceeds to 
its final intended target. Featured image from Getty Images, chart from 
Tradingview.com

XRP has entered a pivotal stage as the wave structure traders have been tracking for months finally begins to take shape. With volatility increasing and crucial price levels approaching, the next few moves could provide valuable clues about whether XRP is nearing a bottom or preparing for another leg lower before a sustained recovery can &#8230;

XRP Long-Awaited Wave Structure Finally Unfolds – What Comes Next?

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XRP Long-Awaited Wave Structure Finally Unfolds – What Comes Next?

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