xrp

#XRP is nearing a turning point after a long decline, with analysts Casi and ChartNerd pointing to key support levels and a possible long-term rise.
Casi: XRP Wave 2 Could End Soon
Analyst Casi believes XRP’s current correction, known as Wave 2, could be ending soon. She said the long decline may be hiding a bullish setup on the long-term chart.
“The end of this Wave 2 correction could quite literally happen any hour now,” she wrote on X.
In her post, Casi told XRP holders to “zoom out” and not let the recent drop make them forget why they were bullish in the first place. She believes that once Wave 2 ends, XRP could enter Wave 3, which could lead to a major rally and possibly new all-time highs.
Casi also said XRP could briefly rally from around $1 before falling again. However, she believes the $1 area has already been tested several times.
XRP chart by Casi
For those looking to buy, she highlighted $1.004 and $0.774 as important support levels, based on Fibonacci analysis. Another key level is around $0.867.
Her main message is that Casi believes the current correction may be close to ending, and XRP could be setting up for a major rally. For context, XRP has already dipped 73% from its $3.66 peak in 2025.
ChartNerd Sees a Final Flush
Another XRP analyst, ChartNerd, is also expecting further weakness before a larger reversal. He said XRP is currently moving through a historical “weakness window” that has appeared during previous midterm U.S. election years.
“August is playing out as expected,” ChartNerd wrote, adding that XRP is now “knees deep” into its weakness window.
The analyst compared the current market structure with the periods between June and September during the 2018 and 2022 cycles, both of which eventually produced major market bottoms.
ChartNerd believes the 2026 market could follow a similar pattern, warning that a final flush of weak hands remains highly likely.
The analysis suggests that XRP’s current weakness does not necessarily invalidate the longer-term bullish thesis. Instead, another decline could complete the corrective structure before the next major advance.
XRP’s Long-Term Targets Reach $27
Meanwhile, ChartNerd has also published a much more ambitious long-term projection for XRP. In a separate analysis, he argued that XRP reaching $8, $13 or even $27 by 2030 could be more realistic than some of the $15 targets that circulated when XRP traded above $1.50 earlier this year.
The accompanying chart uses historical Fibonacci extensions and a time-based fractal to project future XRP targets. It identifies extension zones around $4.85, $13.79 and $27.72, with the highest target corresponding to the 161.8% Fibonacci extension.
ChartNerd stressed that the projections are not certainties, describing them as a “data backed cyclical projection” rather than absolute predictions.
For now, the immediate question remains whether XRP can complete its current Wave 2 correction. If Casi’s analysis plays out, the $1.00 area could be a favorable entry for long-term holders.
#Crypto

XRP price has steadied near $1 as whale transfers to Binance fell to their lowest level since 2021, although weak demand and bearish chart signals continue to limit a recovery.
XRP price remains under pressure near $1
A CryptoQuant contributor reported that the three-month average of $XRP whale inflows to Binance has dropped to about $61 million, its lowest reading since 2021.
The figure stood at $456 million in January 2025 and $355 million in October 2025. Current transfers are therefore six to eight times lower than the peaks recorded last year, according to the analysts.
Reduced exchange deposits usually mean fewer tokens are immediately available for sale. Described the decline as a positive development for XRP but warned that lower selling activity alone cannot confirm a bullish reversal.
Net flows remain positive at roughly $18.8 million, meaning large deposits are still exceeding withdrawals. Darkfost also said the slowdown fits a market-wide decline in exchange inflows and trading volume, with selling pressure fading before demand has fully recovered.
XRP traded around $1.00 at the time of writing, little changed over 24 hours, but down approximately 3.2% during the past week. The token has a market capitalization of about $62.8 billion and nearly $900 million in daily trading volume.
XRP price has repeatedly moved above and below $1 since Aug. 11. The latest dip reached approximately $0.988 before buyers returned, but the recovery stopped near $1.01.
Daily XRP chart keeps sellers in control
The daily chart shows XRP trading below the Bollinger Bands’ 20-day middle line at $1.0446. Staying below that average leaves the short-term structure tilted toward sellers, even though the price is approaching the lower band at $0.9866.
The daily relative strength index stood at 36.02, below its signal average of 39.21. The reading shows weak momentum but remains above the conventional oversold threshold of 30, leaving room for another decline before the indicator reaches an extreme.
A close below the $0.9866 lower Bollinger Band would weaken the $1 support case and expose the area around $0.95. The chart has not established a clear daily reversal pattern, with lower highs and lower lows continuing from XRP’s May peak.
For a recovery, buyers first need to reclaim the Bollinger middle line near $1.045. The upper band at $1.1025 would become the next target if the price closes above that level and trading activity rises.
The narrow distance between the current price and the lower band also creates the possibility of a short-term bounce. Such a move would remain corrective unless XRP breaks above its declining daily average and holds the gain.
Falling wedge offers an early recovery setup
On the 4-hour chart, XRP has moved inside a falling wedge formed after the July 21 high near $1.165. Price is now close to the point where the two descending trendlines converge, making a breakout increasingly likely as the available trading range contracts.
The first nearby barrier sits at the 78.6% Fibonacci retracement around $1.024. A breakout above the wedge and this level would open a path toward $1.055, followed by $1.076.
Higher resistance appears near $1.097 and $1.123. XRP would need to clear the entire sequence before it could challenge the July high around $1.165.
4-hour momentum has started to improve. The MACD line stood near minus 0.0054, above the signal line at minus 0.0060, while the histogram turned slightly positive at 0.0006. The crossover points to easing downside momentum rather than a confirmed trend change because both lines remain below zero.
Chaikin Money Flow remained negative at minus 0.09, showing that capital flows still favor sellers. A wedge breakout accompanied by CMF moving above zero would provide firmer evidence that buyers are returning.
Failure to leave the wedge could push XRP back toward $0.986. A confirmed 4-hour close below the lower trendline would invalidate the recovery setup and increase the risk of a move toward $0.98 or $0.95.
#XRP