XRP Despite Price Increase But Macro Outlook Remains Unclear

Although XRP has recently gained 3.28% over the past 24 hours and is currently trading around $1.45, the overall outlook for this coin remains largely unchanged. The recent price recovery reflects broad activity across the cryptocurrency market; however, despite positive movements, XRP has not yet shown any strong structural signals to alter the macro plans of analysts.

Since hitting a 15-month low of $1.11 (retested on February 6), XRP has experienced an impressive 27% rebound. However, some market experts believe these are just minor movements within the bigger picture.

Bullish Reaction Has Not Broken Major Resistance

Market analyst CasiTrades emphasizes that although XRP has made notable recovery efforts, its macro structure remains unchanged. Specifically, the coin has not broken through the key resistance level at $1.65, meaning no new context has been created for the overall trend.

According to her Elliott wave analysis, after completing waves (A), (B), and ©, XRP fell below important support levels. The upward trend line extending from the bottom of wave (B) was expected to provide support during the correction, but increased selling pressure broke this demand zone. Although XRP recently reestablished support, attempts to invalidate the downtrend have not yet succeeded.

Two Scenarios Could Completely Change the Overall Picture

CasiTrades identifies two price developments that could shift XRP’s macro plans. In the first scenario, if the coin continues to weaken, the target lows are Fibonacci levels 0.786 and 0.854, corresponding to $1.088 and $0.865. These would be critical zones to revisit if selling pressure persists.

The second scenario—opposite—would occur if XRP breaks above the resistance at $1.67, shifting the structure entirely into an uptrend. This would trigger a strong rally toward targets of $1.78 and the psychological level of $2.00. Although both scenarios are possible, there is currently insufficient data to determine which will dominate.

Consolidation in Uncertain Range

Until either scenario unfolds, CasiTrades considers this just market noise, with XRP consolidating within a range, reflecting high uncertainty about the next move. Subwaves indicate that the macro support at $0.87 could be the final bottom, and if the price drops to this level, she plans to prepare a “large buffer” to respond to a strong subsequent reaction.

It’s important to note that while these analyses are based on rigorous technical theories, no path is guaranteed, as the current market setup shows very high uncertainty. Investors should conduct thorough research and manage risks carefully when trading XRP.