XRP enters the week under sharp market pressure as fresh downside waves unfold across major assets. CasiTrades noted that XRP’s latest drop matches the subwave setup outlined last Friday, with price sliding toward the first major Wave 3 target at $2.04. Confirmation of this break shifted the focus to the extended subwave target at $1.90, […]XRP enters the week under sharp market pressure as fresh downside waves unfold across major assets. CasiTrades noted that XRP’s latest drop matches the subwave setup outlined last Friday, with price sliding toward the first major Wave 3 target at $2.04. Confirmation of this break shifted the focus to the extended subwave target at $1.90, […]

XRP Investors Watch $1.90–$1.64 Range for Potential Buying Opportunity

2025/12/04 06:00
  • XRP sits in a crucial correction phase as fresh downside targets narrow toward the $1.90–$1.64 region.
  • Market indicators on the weekly chart show neutral momentum with weakening bearish pressure.
  • Traders highlight an ongoing accumulation range that could set the stage for a larger reversal later this month.

XRP enters the week under sharp market pressure as fresh downside waves unfold across major assets. CasiTrades noted that XRP’s latest drop matches the subwave setup outlined last Friday, with price sliding toward the first major Wave 3 target at $2.04.

Confirmation of this break shifted the focus to the extended subwave target at $1.90, a level tied closely with Bitcoin’s projected pullback toward its macro 0.382 zone near $79,000.

CasiTrades added that the current selloff is losing intensity, with the RSI forming a bullish divergence as sellers begin to slow down.

If XRP tags the $1.90 objective, the chart suggests a short-term rebound back toward $2.04 to complete a Wave 4 retest of resistance. From there, two potential final lows remain valid.

The first is a double bottom zone near $1.80, while exchange differences show $1.88 as the equivalent level on Binance.  he second possibility is a deeper sweep toward $1.64, aligning with the broader .618 macro support area.

According to CasiTrades, the smaller subwaves forming from the $2.04 rejection will provide the clearest clue on where this corrective leg ends.

Also Read: Will XRP Outperform November’s Gains in December 2025?

Accumulation Range Still Intact as Long-Term Structure Holds

Osemka also shared his perspective regarding XRP: XRP remains above the 2021 high, the level that has supported XRP for many years.

This indicates XRP has not fallen apart after staying stagnant in terms of price movements for this period, in support of the interpretation that the current trend is the accumulation process.

Within the range, what’s happening looks like the structure of a three-part Wave B flat correction. This indicates the cycle high in January, and no bearish rejection yet; it’s all just side action ever since.

Osemka observed that if XRP slides below the bottom of the range, this could be a solid entry point in the distant future. This analysis matches well the dotted rising range in the pattern, indicating solid corrective action.

He has further observed that there’s a connection between XRP’s corrective action and Bitcoin’s bigger pattern. However, the Bitcoin pattern seems more erratic.

XRP Weekly Chart Reflects Neutral Momentum

The XRP/USD week-long chart illustrates prices attempting to consolidate near $2.17 after quite a stagnant period. The prices are still bounded by the Ichimoku Cloud. This indicates that there is neither positive nor negative control over the markets.

The DMI lines +DI and -DI are nearing each other, and thus, there’s no strong trend. The ADX values are low; hence, prices are most likely going to be range-bound. The RSI values are stuck between 42 and 49.

This indicates that the market has cooled off but not oversold. The MACD index has turned slightly negative with flattening momentum.

Also Read: XRP Bulls Eye $5.85 Following Strong Momentum and Institutional Interest

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