CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

TimesTabloid 2025-06-21 07:36:32

XRP on the Edge of Breakout: Analyst Says the Macro Degree Will Melt Faces

XRP is approaching a key moment in its price structure, as the daily chart reveals a highly compressed setup. Price has been trading within a tightening symmetrical triangle for several weeks, and now, attention has turned to the Relative Strength Index (RSI), which shows a significant breakdown below a key trendline. Crypto analyst CasiTrades (@CasiTrades), who has been tracking this setup, highlights the importance of the RSI’s breakdown, calling it a clear signal that pressure is building. At the time of her analysis, XRP traded at $2.14. Meanwhile, momentum indicators, particularly the daily RSI, have formed a descending triangle, which has now broken to the downside. This move in the RSI often precedes corresponding price action, making it a critical leading indicator. XRP On The Edge Of Breakout! The daily RSI trendline, which has been one of the clearest tools tracking this apex, is now breaking down. This leading indicator says a lot. Price has stalled. Volatility dried up. And now the pressure is building toward a release. That… pic.twitter.com/2hEN4VWN2n — CasiTrades (@CasiTrades) June 20, 2025 Can XRP Hold Above Crucial Support Levels? According to CasiTrades, this setup is part of a broader price structure designed to build energy for a larger breakout. She has been tracking XRP’s movements for a long time and recently revealed that the asset is due for a decisive move with no time left. However, the immediate outlook suggests that it is likely to first test lower support zones before any meaningful reversal. She recently revealed that the support at $2.25 has flipped to resistance , and the levels holding the asset up include $2.01, $1.90, and $1.55 in the event of an extended downturn. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The chart also shows Fibonacci retracement levels aligned with these areas, particularly the 1.236 extension at $2.01 and the 0.786 retracement at $1.83, which adds technical weight to their significance. CasiTrades believes that these supports will remain in play until the digital asset breaks above the $3 level . The End of the Consolidation Structure The triangular formation drawn on the chart is a classical technical pattern, suggesting that XRP is in the final stages of its consolidation. Based on current indicators, the bias is tilting slightly to the downside, not as a sign of trend reversal, but as a mechanism for testing liquidity and market response at support zones before a potential upward move. CasiTrades emphasizes that this move should not be interpreted as a weakness. Instead, she sees it as a means to gather energy for the breakout, predicting a sharp flush and a swift V-shaped recovery if the asset hits any support level cleanly. If that type of reversal occurs, it could signal the end of the consolidation phase and kickstart a run toward new highs. XRP Macro Degree is about to Melt Faces In the tweet thread, the analyst said the breakout could happen within the next hours. She added that the XRP m acro degree will soon play out and melt faces . Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP on the Edge of Breakout: Analyst Says the Macro Degree Will Melt Faces appeared first on Times Tabloid .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.