XRP is showing signs of technical compression, moving within a narrow range that could precede a significant shift in market direction. According to crypto analyst CasiTrades (@CasiTrades), the digital asset is now “ coiling tight between major levels,” with its price repeatedly finding stability near the $2.79 zone. The attached chart shows XRP testing the macro 0.5 Fibonacci retracement level around $2.79, an area that has served as a structural foundation over recent sessions. Despite brief wicks below that price, CasiTrades observed that “every candle close on the 1-hour and higher timeframes has continued to respect that $2.79 zone,” emphasizing the strength of this support. XRP Coiling Tight Between Major Levels! A Big Move Is Coming! XRP has officially come down to test the macro .5 Fib support at $2.79, and once again, it’s proving to be a crucial level in this structure! We saw a few small wicks below it, but every candle close on the… pic.twitter.com/Fvk5EGHSB7 — CasiTrades (@CasiTrades) October 10, 2025 The resilience of this level has helped maintain a technical base as XRP fluctuates between $2.79 and the nearby resistance trendline. The current consolidation has narrowed substantially since the beginning of October, suggesting that momentum could soon return to the market. The chart depicts an extended descending trendline, and the analyst noted that it connects multiple highs since the asset’s peak in July . This trendline intersects with the $2.83 area, which has become the upper boundary of this tight range. Technical Context and Fibonacci Levels CasiTrades’ analysis identifies a converging structure where XRP’s recent price activity is bounded by the long-term descending trendline and horizontal support near $2.79. Fibonacci retracement levels play a central role in this setup, with the 0.618 and 0.65 retracements positioned near $2.85 and $2.84, respectively. These levels may define the immediate reaction zones for traders watching a potential breakout. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 From a technical standpoint, XRP’s behavior around these retracements often signals whether market participants favor continuation or reversal patterns. A confirmed breakout above the trendline resistance could transition the market sentiment toward a bullish phase, while sustained rejection could reinforce the consolidation range for a longer period. CasiTrades noted that if XRP gains sufficient momentum to move above $2.83 and then the $3 threshold, “that would be a strong signal that a wave 3 impulse might be kicking off.” The next projected targets in that scenario are $4 and $4.5. RSI and Market Readiness The two-hour Relative Strength Index (RSI) is rising from the oversold region, reflecting improving momentum as XRP consolidates . This trend suggests a gradual recovery in buying strength. The analysis noted that Bitcoin’s recent correction appears complete, which could ease market pressure. With support holding at $2.79 and RSI trending higher, XRP is approaching a crucial point. CasiTrades stated, “We’re sitting at a major decision point on the chart.” Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Coiling Tight Between Major Levels. A Big Move Is Coming appeared first on Times Tabloid .
