XRP price action has been boring. The token has sat in the $1.30‑$1.35 range for days, doing nothing exciting. But one well‑known analyst says that calm is deceptive.
CasiTrades, a chart expert who regularly breaks down XRP in detail, posted a warning on April 6. She sees bullish candles appearing and people starting to flip bullish again. Her message: don’t get trapped.
Based on her analysis, XRP failed to make a new high and instead printed a clean 5‑wave move right into resistance. On top of that, bearish divergence printed on the chart. That is exhaustion at resistance.
She stressed that without a new high, nothing has changed. The current XRP price action is just noise inside the same larger pattern. Too many traders react to individual candles instead of waiting for structure to confirm.
The Full Roadmap Lower
CasiTrades laid out a step‑by‑step path to the downside.
First, a wave down targeting roughly $1.13. That would be the first leg lower.
Then a small relief bounce. This will likely lure in buyers who think the drop is over.
After that, continuation toward $1.08, which is the macro 0.786 Fibonacci support level.
Then more chop and another relief bounce.
Finally, a break lower into $0.87, the macro 0.854 support. That would complete the larger correction.
She said the plan has not changed. She urged traders to detach from the outcome and stop reacting to every move.
XRP Price: Key Levels That Actually Matter
CasiTrades gave two clean ways to trade this setup.
Option one: buy at key supports below, specifically the 0.786 and 0.854 levels at $1.08 and $0.87.
Option two: wait for resistance to break and flip to support above, specifically the 0.618 level. Until that happens, the bias remains bearish.
Everything in between, she said, is just the market trying to shake people out.
Overall, XRP is stuck in a boring range right now. But beneath the surface, CasiTrades sees a clear bearish structure. The 5‑wave move into resistance and the bearish divergence are warning signs. Her roadmap targets $1.13, then $1.08, then $0.87. Traders who react to every green candle may get trapped. Those who wait for structure to confirm will know when the real move begins.
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