XRP has rallied sharply from recent lows and is now approaching a significant resistance zone, according to cryptocurrency analyst CasiTrades. The digital asset touched levels near $1.50, recovering much of its previous losses and pushing back toward the key macro Fibonacci level at $1.6371.
Critical resistance at $1.6371
CasiTrades has identified $1.6371 as a pivotal barrier for XRP’s price action in the coming weeks. The analyst emphasized the importance of this point by referencing the macro .618 Fibonacci retracement level, which has served as a decisive marker throughout the recent market structure.
XRP’s recent advance brought it just below this resistance before facing significant selling pressure and a swift retracement. The ability to break and hold above $1.6371 is now viewed as vital for further upward movement.
CasiTrades highlighted that XRP must “prove it can actually break resistance” at the macro .618 level after being met with strong opposition on its recent rally. This resistance and any subsequent retest as support will determine if a new bullish trend can take hold.
A close above this level, followed by a successful retest of $1.6371 as support, would suggest that buyers are in control and could initiate what the analyst described as a structural shift in the XRP chart pattern.
ETH
SOL
BSC
ROBINHOOD
USDT
AAPLTargets and upside potential
Beyond $1.6371, CasiTrades pointed out higher Fibonacci levels that could act as future milestones for XRP. Should the coin secure a firm footing above $1.6371, the next major reference is located at the 0.5 Fibonacci level, which is set at $2.0246. This target offers a clear technical roadmap for bulls aiming to extend the momentum further.
Supporting this view, the chart also notes important zones at $1.5331 for the 0.618 Fibonacci level and at $1.5320 for the 0.65 level, both of which sit just below the main resistance. Consistently holding above these points could affirm renewed strength in XRP’s trend.
| Fibonacci Level | Price | Role |
|---|---|---|
| 0.786 | $1.0854 | Support |
| 0.65 | $1.5320 | Nearby Resistance |
| 0.618 | $1.5331 / $1.6371 | Key Resistance |
| 0.5 | $2.0246 | Major Upside Target |
Support levels in focus
The analyst’s chart also highlights critical support levels below the current trading area. The $1 mark remains a highly watched psychological and technical boundary. Additional support is established at the 0.786 Fibonacci level near $1.0854 and the 0.618 level around $0.8746, with another notable reference at $0.8621.
These zones are expected to provide buyers with potential bounce points in case of a retracement. For now, however, market attention is firmly concentrated on whether XRP can overtake the $1.6371 threshold and convert it into a reliable base for continued growth.
XRP is the native digital asset of the XRP Ledger, an open-source, permissionless, and decentralized blockchain technology designed for fast and cost-efficient cross-border payments.
If the price fails to reclaim and hold above this resistance, further declines toward these support areas could be possible, potentially risking a fall back below the $1 mark.
The outcome at $1.6371 will likely dictate whether XRP’s recovery transitions into a sustained bullish trend or if the asset faces renewed pressure.
