CasiTrades Says an XRP Drop Toward $0.90 Could Reset Subwave Count

Crypto analyst CasiTrades said XRP’s next move around $1 and $0.90 could determine whether her current subwave count holds or resets, potentially pushing the breakout back by months.

In a Nov. 12 post, CasiTrades said XRP had slipped below its macro 0.786 Fibonacci retracement and was between major levels. A double bottom near $1 would complete subwave 2 and preserve her “new-trend” scenario, she said.

A new low toward $0.90 would reset her current subwave count, CasiTrades said. That would require another, smaller W1 and W2 before the larger move could develop, and could delay the breakout by months.

She said neither scenario would invalidate her macro W3 targets. Those targets would be invalidated only if XRP fell below its October 2025 low of $0.77.

CasiTrades also pointed to a bullish divergence on the one-hour relative strength index (RSI): XRP continued lower while the indicator formed higher lows. She said the divergence trendline would need to hold. Her confirmation threshold is a break above $1.65 resistance.

TokenPost previously covered a separate XRP chart setup by Ali Charts, which marked $1.25 as support and $1.55 as neckline resistance ahead of a Federal Reserve meeting.