The price of XRP has been going down for a few months now, and has since gone down annual high of 3 USD in 2025 to $1.4 at the time of writing. As the cryptocurrency market faces strong headwinds, XRP’s next move remains uncertain. While some hope for recoveryothers project even lower. Crypto analyst CasiTrades offers his incredible prediction that the consolidation phase of XRP is not over. He predicts that the cryptocurrency could fall as low as $0.87 current bear market ends.
XRP price crashes at $0.87
CasiTrades has introduced a new technical update on XRP price action that indicates a short-term bearish scenario that could see the cryptocurrency drop to $0.87 before starting a meaningful recovery. Posting on X, he notes that XRP has now spent 34 days inside Wave 4 Elliott wave structure. During this period, the price movement was unusually slow and the overall volatility in the pair decreased significantly.
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According to the chart, XRP is currently trading around $1.39 and remains within the corrective structure that has been moving sideways since early February. CasiTrades noted that this pattern was characteristic of Wave 4 behavior, which is often accompanied by a long and silent consolidation that gradually wears out market participants and discourages both bulls and bears.
CasiTrades has identified two key price levels that will likely determine XRP’s next move. The first is the $0.87 level, which is marked by the 0.854 Fibonacci retracement on the chart. If XRP falls to this level, the analyst expects it to act as a strong support zone where the cryptocurrency continuous improvement could be done and recovery could begin.
The second resistance level is around $1.65, which corresponds to the 0.618 Fibonacci retracement. CasiTrades suggests that if XRP moves higher and breaks above this level, then keeping it as support, it will become invalid. The prospect of a cryptocurrency downturn and a potential return signal to the rising momentum.
XRP recovery is expected after wave 4 below
If XRP follows a bearish scenario, the CasiTrades chart suggests that when wave 4 ends near the $0.87 support area, the market may move to Wave 5A strong recovery phase is expected. The green line on the chart shows this expected reversal, which is significantly higher after XRP’s correction phase ends.
Following the projected trajectory of the green line, XRP is waiting to immediately recover from $0.87 and move to the future intermediate zone near the 0.786 Fibonacci Retracement around $1.085. From there, the price is expected to revisit its previous resistance area near $1.65, before possibly rising to the secondary resistance level around $1.78. If the cryptocurrency breaks above this level with high impulsethe chart suggests a further rally that could push XRP above $1.9.
Featured image from Freepik, chart from Tradingview.com
