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TimesTabloid 2026-04-23 08:30:35

XRP Approaching Final Resistance: Major Test of Resistance Ahead

XRP is approaching a decisive technical level as price action tightens within a defined consolidation structure. Crypto analyst CasiTrades points to the final phase of a multi-wave pattern, noting that the market is “finishing out Wave E” with alignment across several subwave degrees. Her chart outlines a clean Elliott Wave progression . The current move sits in the final leg of a contracting structure, with price advancing toward a resistance band between $1.50 and $1.53. This zone carries alignment from prior highs, Fibonacci extensions, and descending trendline pressure visible on the chart. XRP Approaching Final Resistance! We’re finishing out Wave E of this consolidation, with multiple subwave degrees pointing to $1.53 as key resistance. I’m expecting a few more waves up into the $1.50–$1.53 range. This count remains valid as long as price does not break… pic.twitter.com/ZBVZ5Clh5P — CasiTrades (@CasiTrades) April 21, 2026 $1.53 Emerges as Key Barrier The chart highlights $1.53 as the primary resistance target. CasiTrades states that “multiple subwave degrees” point to this level. That alignment adds weight to the zone. It also explains why XRP continues to grind upward rather than breaking out aggressively . Fibonacci levels reinforce this ceiling. The 1.618 extension aligns closely with the upper resistance band. XRP has already tested levels around $1.51, showing that sellers remain active in this region. A final push into $1.50-$1.53 would complete the projected structure. Support remains clearly defined. The analyst maintains that the setup remains valid as long as XRP holds above $1.39. That level acts as the structural floor for the current wave count. It also coincides with prior consolidation and retracement zones on the chart. Bitcoin Alignment Adds Confidence CasiTrades also tracks Bitcoin for confirmation. She expects BTC to move toward approximately $79k resistance as XRP approaches its own ceiling. This correlation strengthens the timing of the setup. If both assets reach resistance together, it would signal a synchronized test across the broader crypto market. She notes that a peak in BTC during this window could influence XRP’s reaction . A coordinated slowdown would increase XRP’s chances of reacting directly at its resistance level. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Next Move Hinges on Resistance Test The immediate focus remains on how XRP behaves near $1.50-$1.53. The structure suggests at least one more push higher before completion. Price action already shows controlled upward movement, consistent with a final wave extension. CasiTrades highlights the possibility of a “wave failure just below $1.53.” That outcome would still respect the structure while signaling that buying pressure weakens before a full breakout attempt. The chart also maps potential downside targets of $1.09 and $0.87 if the price rotates after testing resistance. For now, XRP remains inside its defined pattern, and its price continues to trend upward within tight boundaries. The coming sessions will determine whether the asset completes its final push into resistance or stalls just below it. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Approaching Final Resistance: Major Test of Resistance Ahead appeared first on Times Tabloid .

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