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Altcoins & DeFi

$XRP trades at $1.2735 as CasiTrades highlights key support test

Image: CoinTurk News

XRP is trading at $1.2735, holding at a critical support zone that has attracted close attention from crypto analyst CasiTrades. She recently issued an urgent alert to followers, highlighting the significance of this price level and urging traders to watch for a possible major move. Following a climb to highs near $1.65 in late September, XRP has retreated to its current range. This pullback places the asset directly atop a cluster of key Fibonacci retracement levels, which may dictate the next trend. CasiTrades shared a 1-hour XRP/USD chart containing Elliott Wave annotations and multiple Fibonacci levels. The price has settled just above the 0.618 retracement at $1.2988 and the 0.65 level at $1.2360.

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