XRP Is Facing the Hour G! Will It Collapse to $1.55 or Explode Over $2.25?

XRP recently broke through the important support level at $2.25 and has now confirmed this level as resistance upon retest. This development marks a significant structural change in the current trend. According to technical analyst CasiTrades (@CasiTrades), this retest could be the beginning of the next bearish move. The chart shows an unsuccessful attempt to reclaim the $2.25 level. After the incident, the price action has slightly recovered following a bullish divergence on the lower time frame. However, this brief rally encountered rejection at the previous support zone, which has now turned into resistance. The price was $2.239 at the time of her analysis, unable to convincingly break through the new ceiling. The price has fallen since then and is currently trading at $2.17.

Support Level to Watch While other analysts maintain a bullish outlook, CasiTrades expects a short-term downturn. The current market structure shows that XRP is approaching a crucial inflection point, and the analyst recently revealed that the market has run out of time and XRP must decide its direction. The chart highlights a converging triangle pattern, with XRP approaching the peak. A breakout from this tight range could drive the asset's price toward lower support areas. The next important support levels are at $2.01 and $1.90, with the potential to fall further to $1.55. The Fibonacci target is marked at $2.0200, reinforcing the significance of the $2.01–$2.02 area as a possible landing point if bearish pressure continues. Momentum Divergence and RSI Pressure The Relative Strength Index (RSI) is also approaching the wedge breakout zone. The RSI has formed lower highs while maintaining a horizontal base; a breakout or rejection here may coincide with a price movement in that direction. The RSI is currently fluctuating near the neutral mark of 50 and momentum has not yet regained higher levels despite previous bullish divergence. Unless there is a divergence forming on higher time frames, the rejection at the level of $2.25 may increase. The Next Direction of $XRP As time passes before the price reaches the convergence point, XRP is preparing for a decisive move. If the $2.25 level continues to act as a resistance, the bearish case will strengthen, especially considering the unfinished Fibonacci levels and the clear bearish retest pattern. Although she believes there is a short-term downturn, CasiTrades notes that "this could be the final support level before a major breakout." Another prominent analyst recently predicted a notable increase of 725% for this digital asset, and the tightening Bollinger Bands of XRP suggest that the asset may experience a strong recovery, negating the bearish move and potentially aiming for new highs.