XRP Nears Critical Decision Point Below $1.65

XRP is currently trading within a tightening range below $1.65, approaching a critical decision point. Analyst CasiTrades suggests that the cryptocurrency may bypass a final rally toward $1.70 and instead head directly toward the $1.27 support level. If the pullback deepens, $1.10 could serve as another key support zone, though holding either level would maintain the broader bullish structure.

The alternative scenario involves XRP advancing to approximately $1.70 before initiating a pullback. CasiTrades will monitor the relative strength index (RSI) for bearish divergence, which could signal a larger top formation. A stronger breakout toward $1.80 could transform the $1.65 resistance into support, indicating significant bullish momentum.

Trading activity in XRP derivatives remains high, with futures turnover totaling about $56.18 billion in September across Binance, Bybit, and OKX. Meanwhile, liquidation pressure on Binance has eased, though sustained gains would require spot demand alongside supportive volume and price structure.

Despite the near-term uncertainty, CasiTrades maintains her long-term targets of $10, $13, and $16 for XRP. She emphasizes that additional retracements could create potential entry points as the broader uptrend develops.