XRP Stabilizes Near $1.12, But Analysts Warn of Possible $0.90 Retest
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XRP is holding around $1.12 after rebounding from the 0.786 Fibonacci support near $1.09, but analysts say a confirmed bottom is not yet in place. A decisive break above $1.25 would weaken the projected $0.90 decline, while failure to clear the $1.17–$1.25 resistance keeps a bearish retest target of $0.88–$0.90 active; the technical analysis signals caution for the crypto token.
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- XRP holds $1.12 after rebounding from the major 0.786 Fibonacci support near $1.09.
- A decisive break above $1.25 could confirm the bottom and weaken the projected $0.90 decline.
- Failure to clear $1.17-$1.25 keeps the bearish fifth-wave target near $0.88-$0.90 active.
XRP is holding near $1.12 after rebounding from the $1.09 support area, raising questions over whether the latest sell-off has ended. However, two technical analyses show that the market has not yet confirmed a final bottom.
Market analysts CasiTrades and TARA identify the $0.88-to-$0.90 region as the main downside target if the recovery fails. Their charts place immediate resistance between $1.17 and $1.25.
XRP Defends $1.09 Support as Relief-Wave Structure Holds
CasiTrades said XRP reached the 0.786 macro Fibonacci support near $1.09 before recovering into what the analyst labeled Wave A. Wave …
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