There is still room for the relief to extend higher toward the $1.65 region, where the 0.5 retracement and macro 0.618 Fib converge. That level now stands as the key decision point. A sustained move above it would strengthen the recovery outlook, while rejection there would increase the likelihood of a wave down to complete the correction.
$1.65: The Line In The Sand For XRP’s Next Big MoveAnalyst CasiTrades further explained that if price fails to reclaim and hold $1.65 as support, it would likely pave the way for a final impulsive leg lower, with downside targets sitting around $1.09 and potentially as deep as the $0.90 region.
On the other hand, if XRP successfully breaks above $1.65 and flips it into solid support, the outlook shifts. In that scenario, the focus would be on waiting for a confirmed back-test of the reclaimed level, using that strength as a more favorable and structured entry rather than chasing price prematurely.
