XRP continues to show significant weakness, with bearish pressure steadily building. Analyst CasiTrades reports that every attempted relief bounce is cut short, a clear sign sellers remain in firm control.
The key resistance barrier is currently at $1.31. CasiTrades highlights this as a critical level; once it breaks, the downside move could accelerate rapidly. The analyst is tracking a developing Wave 3 move to the downside, with primary targets around $1.09.
The broader trend is projected to continue lower, ultimately bringing the $0.87 macro support zone into focus. While the descent has been slow, the overall bearish structure remains intact.