XRP’s four-month consolidation has trapped its price below a major resistance zone at $1.65, and according to crypto pundit CasiTrades, the clock is ticking because XRP is now exposed to one more move into lower macro support before any stronger recovery attempt begins.
Four Months Of Failure At $1.65The most important level in the analysis is $1.65, because this price level has acted as the ceiling of the current structure since February, and each rejection from that area has weakened the immediate bullish case.
According to CasiTrades, the longer the XRP price fails to reclaim $1.65, the more likely it becomes that it needs one final flush into the lower macro supports. The analyst laid out the entire XRP price action since early 2026 within an Elliott Wave triangle structure with sub-impulse waves.
Lower Macro Supports For XRPCasiTrades was explicit about the downside levels she is watching: $1.10 and $0.87 on Coinbase. The $1.10 area corresponds with the 0.786 Fibonacci retracement at approximately $1.0854, while the $0.87 price target aligns with the 0.854 retracement near $0.8621.
Interestingly, both price targets come from the broader macro downtrend that has shaped XRP’s structure over the past several months. The projected move would also complete the corrective sub-impulse wave 5 that began in February 2026, as well as the larger corrective wave 2 that started in late 2025.
