XRP Analysts Watch Support Levels Amid Uncertain Rally

XRP is currently trading below a key resistance level near $1.65, with analysts watching for potential turning points in its narrowing trading range. Crypto analyst CasiTrades suggests that XRP could either make one final advance toward $1.70 or skip this rally and head directly toward support levels at $1.27 and $1.10. She notes that holding these support zones would maintain the structure of the new trend she is tracking, while a new low near $0.90 would require a reset of her wave count.

The analyst’s four-hour XRP/USD chart shows the asset near $1.51, with $1.65 acting as a critical resistance. If XRP does rally to $1.70, she plans to monitor the relative strength index (RSI) for bearish divergence, which could signal a larger top forming. Alternatively, a stronger breakout toward $1.80 could flip the $1.65 barrier into a support level, indicating bullish momentum.

Trading activity in XRP derivatives has remained high, with futures turnover across Binance, Bybit, and OKX reaching $56.18 billion in September. Meanwhile, liquidation pressure on Binance has eased, though sustained gains would still require spot demand and supportive volume. Despite the near-term uncertainty, CasiTrades remains optimistic about the longer-term outlook, keeping targets of $10, $13, and $16 in view for XRP.