XRP’s Rally From $1.09 Puts the $0.90 Breakdown Scenario in Question

XRP may be forming the foundation for a fresh bullish move as it tests one of its most closely watched technical zones in months, following a sharp rebound from the $1.09 support area.

Analyst CasiTrades said the recent strength in XRP could weaken expectations for a deeper pullback toward the $0.90 macro support zone. That sub-$1 level has been a widely discussed downside target, but the latest recovery has raised doubts about whether the market will revisit it.

Why XRP’s Recovery Has Shifted Market Expectations

XRP has gained nearly 5% this week, extending momentum from the previous week. CasiTrades pointed to the strength of the bounce from the 0.786 Fibonacci retracement level near $1.09 as the key development behind the improved outlook.

Earlier this month, XRP traded around that zone after falling to an intra-month low of $1.05. Since then, the token has recovered strongly, climbing 12.8% to trade near $1.23.

The $1.05 to $1.09 support area has repeatedly drawn buying interest, but the latest rebound stands out because of its speed and momentum. XRP quickly formed a higher low before bouncing from a short-term ascending trendline shown in the accompanying chart.

Momentum indicators are also improving. The relative strength index (RSI) has moved above 80 on the 4-hour chart, marking the strongest buying pressure recorded since April.

CasiTrades noted that the rebound from $1.09 introduces the possibility that XRP may have already formed a local bottom and could be starting a new uptrend. However, she cautioned that this alone does not confirm a broader structural reversal or fully invalidate the larger downtrend toward $0.90.

XRP Faces a Key Test Near $1.30

The analysis identifies $1.30 as the first major resistance zone. XRP is currently testing that area after rebounding from the 0.786 Fibonacci macro support level. According to the chart, $1.30 previously acted as support earlier in the year before the token fell below it in June.

CasiTrades also observed that the current move has already exceeded what she would typically expect from a standard corrective C-wave target. While that does not confirm a trend change, it suggests the structure of XRP’s price action may be evolving.

If XRP is rejected at the $1.30 resistance area, the broader bearish structure could remain intact, keeping the potential move toward $0.90 in play.

The Level That Could Invalidate the $0.90 Scenario

Despite the improving short-term outlook, the analyst remains cautious because the broader chart structure has not fully shifted. According to CasiTrades, the level that would most clearly reduce the likelihood of a deeper decline is $1.65.

The chart shows $1.65 as a major resistance zone that has capped previous uptrends since February. Until XRP breaks above that level and establishes it as support, the possibility of a future move toward $0.90 cannot be fully dismissed.

From its current price level, XRP would need to rally about 34% to reach the $1.65 zone, making it the next decisive level for bulls.

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