XRP Correction Deepens: Why the Market Still Eyes $2.03 and $1.65 Levels

1. XRP continues to move within its long-term corrective structure with the $2.03 support still in focus.
2. Market experts highlight $2.41 as the main resistance that must be cleared to shift sentiment.
3. A deeper retest near $1.65 remains possible and could strengthen the next major upward trend.

XRP continues to trade inside a wide multi-month range, and market experts say the broader structure still points toward the $2.03 level.

CasiTrades explained that XRP’s pattern remains aligned with a classic Wave 2 correction, which often brings choppy movement rather than a clean directional fall. The recent price action fits this phase as the asset slowly works through each major Fibonacci zone.

According to CasiTrades, XRP has not invalidated its long-term trajectory because the price remains below the macro .382 resistance at $2.41. That level is considered the main dividing line.

Only a decisive break above $2.41 would signal that the current structure is complete. Until then, the market is still positioned for another sweep of the .5 Fibonacci support at $2.03.

$2.03 Remains the Key Midpoint in XRP’s Macro Structure

The main target is the support of $2.03. It has served as a significant junction within the macro structure of the token, and the resource has been floating around this region on numerous occasions in past cycles. Then there is no end to the story.

A closer set to $1.65 off of the.618 Fibonacci level would hold some weight, and the market would struggle to move beyond the resistance. CasiTrades observed that Wave 2 corrections tend to go to the .618 area, then they establish a solid base for the next trend.

A motion towards $1.65 would not indicate a sign of weakness. Rather, it may set up the market for a bigger XRP Wave 3 that would propel the currency to new levels.

The longer XRP moves around without crossing the level of $2.41, the better chances that the market will re-trade to the lower supports to build sufficient strength in order to make the next significant trend shift.

Experts Expect Strong Reaction Once Bitcoin Allows Market Space

The Market voices outside this analysis are also geared towards the greater picture. DonAlt said that XRP was positioned to have a good shot as soon as Bitcoin had provided some breathing room to the market.

He further stated that once XRP can overcome the important red resistance zone in his graph, the asset might recover all the losses that it had dropped on October 10, an important indicator of a reversal of the trend.

Both professionals concur that this is a whole region of opportunity zones. The months of ranging have already been experienced by XRP, and every time it tests at $2.41, $2.03, or even $1.65, it gives the time to accumulate over time before another long-term rotation unveils itself.

Also Read: XRP’s Surge: Metrics Signal Strong Rebound