XRP Sees Crucial Third Test of $1.70 Resistance Zone
XRP has been on an upward trajectory after correcting to $1.47 on October 1, and analyst Casi believes it could retest the $1.70 level again.
This would mark its third test of this area since last month, with previous attempts coming during a strong rally in late August and after recovering from $1.25 on September 16.
Casi expects XRP to complete another upward wave over the next few days and retest the $1.65-$1.70 resistance area, which has been consolidating below for weeks.
However, she warns against buying at this stage as W5 has already reached its 0.5 extension, leaving traders vulnerable to chasing the move due to FOMO.