{"id":34238,"date":"2025-06-29T08:16:40","date_gmt":"2025-06-29T08:16:40","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=34238"},"modified":"2025-06-29T08:16:40","modified_gmt":"2025-06-29T08:16:40","slug":"xrp-analyst-no-need-to-panic-despite-judges-rejection-rally-still-in-play-as-2-holds","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=34238","title":{"rendered":"XRP Analyst: No Need To Panic Despite Judge\u2019s Rejection, Rally Still In Play As $2 Holds"},"content":{"rendered":"
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XRP recently experienced price volatility following an unfavorable ruling by US District Judge Analisa Torres<\/a>, which many interpreted as a setback for Ripple. However, despite the legal rejection, a crypto analyst maintains that the broader bullish structure for XRP remains intact<\/a>. Urging investors not to panic, she expresses strong confidence in the altcoin\u2019s ability to hold the crucial $2 level and continue its upward trajectory.\u00a0<\/p>\n

XRP Bull Structure Intact Despite Court Blow<\/b><\/h2>\n

Following Torres\u2019 rejection<\/a> of the joint motion by Ripple and the US SEC for an indicative ruling, XRP faced short-term price fluctuations<\/a>. Despite the obvious legal setback, X (formerly Twitter) crypto analyst CasiTrades remains unfazed, insisting<\/a> that there is no need for investors to lose confidence.<\/p>\n

The analyst affirms that XRP\u2019s price action remains structurally intact and is moving within a predictable corrective pattern<\/a>. The recent decline from the legal blow is being interpreted by the analyst as part of a classic ABC correction<\/a>, with the market now likely in the final leg\u2014Wave C.\u00a0<\/p>\n

CasiTrade\u2019s chart shows that XRP has reached a critical support zone around $2.07-$2.10, aligning with the 0.618 and 0.5 Fibonacci levels, respectively. So far, XRP has held on firmly to this zone, with the $2.10 support level successfully defending through the daily close.\u00a0<\/p>\n

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Momentum indicators at the bottom of the chart also support this view. XRP\u2019s Relative Strength Index (RSI)<\/a> on the lower time frames has entered oversold territory near 20 and is beginning to form a Bullish Divergence<\/a>\u2014a signal of weakening selling pressure. Fibonacci levels on the chart also provide further technical confluence, with the immediate resistance marked at $2.13 (0.236 Fib) and $2.145 (0.382 Fib). A stronger resistance barrier is also forming around the 0.5 Fibonacci Extension level at $2.16.\u00a0<\/p>\n

<\/p>\n

According to CasiTrades, if XRP can reclaim and close above these resistance levels, particularly $2.145, it could confirm the end of the ABC correction. The cryptocurrency is also expected to resume its prior bullish trend, with the potential for a fresh rally toward new highs<\/a>.\u00a0<\/p>\n

XRP Prepares For Lift-Off Toward $2.69<\/b><\/h2>\n

In a follow-up chart analysis, CasiTrades reveals<\/a> that XRP is now approaching the critical support zone at $2.07 as it aims for new highs around $2.69. After a recent rejection at the $2.145 resistance level\u2014which coincided with the 0.382 Fibonacci Retracement and served as the ideal Wave 4 target\u2014the analyst notes that the final phase of Wave C<\/a> is now unfolding.\u00a0<\/p>\n

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The $2.07 is packed with technical significance, aligning with the 0.618 Fibonacci Retracement of a full move up, the 1:1 extension of Wave C, and the 0.618 sub-wave projection. Based on the analysis, these overlapping Fibonacci levels mark a likely reversal zone.<\/p>\n

With price action hovering around $2.08 at the time of the analysis, CasiTrades predicts that as long as XRP holds above the $2.07 support, a bullish breakout<\/a> could follow, potentially driving it toward $2.25 and even up to $2.69 if momentum continues.\u00a0<\/p>\n

Featured image from Unsplash, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

XRP recently experienced price volatility following an unfavorable ruling by US District Judge Analisa Torres, which many interpreted as a setback for Ripple. However, despite the legal rejection, a crypto analyst maintains that the broader bullish structure for XRP remains intact. Urging investors not to panic, she expresses strong confidence in the altcoin\u2019s ability to […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-34238","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34238","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=34238"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/34238\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=34238"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=34238"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=34238"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}