XRP spent the better part of 2026 Side grinding in what It looks like a coiled spring, but the spring may not be one Loading for upward height.
XRP’s four-month consolidation has confined its price below the key resistance area at $1.65, and according to cryptocurrency analyst CasiTrades, the clock is ticking as XRP is now exposed to another move to lower overall support before any stronger recovery attempt can begin.
Four months of failure at $1.65
Cassie trades The analysis is based on XRP’s inability to break back above the upper border of its consolidation structure on the 4-hour candlestick chart. As shown in the chart below, XRP has spent several months moving within a range with lower highs. This has created a pressure pattern where the next decisive move could be important to the broader trend.
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The most important level to analyze is $1.65, because this price level has been the ceiling of the current structure since February, and every rejection from that area has weakened the immediate bullish case.
According to CasiTrades, the more XRP price fails to reclaim $1.65, the more likely it is to need a final inflow to lower macro support. The analyst has identified the entire XRP price movement since early 2026 within an Elliott wave triangle structure with sub-impulsive waves.
Supports lower macro for XRP
CasiTrades has been upfront about the bearish levels it is monitoring: $1.10 and $0.87 on Coinbase. The $1.10 area corresponds to the 0.786 Fibonacci retracement at approximately $1.0854, while the $0.87 price target is in line with the 0.854 retracement near $0.8621.
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Next confirmed support The price of Ripple (XRP) is between $1.26 and $1.30, and a break below this range could push XRP to its lowest level in a year to date at $1.11, which would lead to… Achieving those deeper goals closer.
Interestingly, both price targets come from the broader overall downtrend that has shaped the structure of XRP over the past few months. The expected move will also complete the sub-corrective wave 5 that began in February 2026, as well as the larger corrective wave 2 that began in late 2025.
This does not mean that the bullish structure has been completely invalidated. In fact, the expectation among experts seems to be that a move toward macro support may be possible Become the ultimate flow Before a stronger recovery. The chart shows a significant rebound expected from the lower support area, with the XRP price eventually pulling back above $1.65 and then returning above $2 if there is enough upside momentum.
At the time of writing, XRP was trading at $1.32 and is now Currently open on any track. The first real sign of a bullish turn will be XRP reclaiming $1.65 and turning into support.
Featured image from Getty Images, chart from Tradingview.com
