XRP is once again drawing attention as it clings to its “golden” retracement level, with traders watching closely for signs of the next major breakout. According to market analyst CasiTrades, XRP has reached the 0.618 Fibonacci retracement at around $2.88, a level often regarded as the critical “make-or-break” zone in technical analysis. The timing is especially notable, with Bitcoin also finding relative strength index (RSI) support, creating what many see as a synchronized bullish setup. Currently, XRP is trading at $2.90 as of report time. Elliott Wave Roadmap CasiTrades interprets this move through the lens of Elliott Wave Theory, identifying the retracement as the likely completion of subwave 2. If this count proves correct, it would pave the way for the most powerful leg of the cycle — subwave 3. XRP Golden Retracement Is Holding. Targeting $3.41 Resistance! I’m leaning bullish here. The structure is starting to look really interesting… $XRP reaching its .618 retracement ($2.88), which lines up as the textbook subwave 2 target in Elliott Wave Theory. This is the… pic.twitter.com/kWV72IhE40 — CasiTrades (@CasiTrades) August 21, 2025 The analyst maps out a path toward resistance at $3.41, with a crucial checkpoint at $3.21. Breaking and successfully backtesting that $3.21 level would strongly confirm bullish momentum and provide the launchpad for an advance toward $3.41. Why the Golden Pocket Matters The 0.618 retracement level, often called the golden pocket, is a cornerstone of Fibonacci-based trading. Holding this area typically signals that the broader bullish trend remains intact, while failure to maintain support often points to deeper corrections. With Bitcoin showing RSI support at the same time, the confluence strengthens the case for renewed upside momentum in XRP. Beyond the charts, Ripple’s ecosystem has continued to evolve. The company’s RLUSD stablecoin , launched in December 2024, has expanded XRP’s utility in payments and liquidity management. We are on twitter, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) July 15, 2023 Key Levels to Watch For traders, the immediate focus is clear: holding support at $2.88–$2.95 is essential to keep the bullish outlook intact . A confirmed break above $3.21 would mark a shift in market structure and open the path toward $3.41. On the other hand, a decisive drop below the golden pocket could invalidate the bullish Elliott count and force a retest of lower supports. Volume confirmation and Bitcoin’s correlation will remain critical signals in the days ahead. Outlook CasiTrades’ analysis underscores a simple but pivotal dynamic: as long as XRP holds the golden retracement, the door remains open for a powerful rally targeting $3.41. The retracement is not just a technical curiosity — it is the hinge on which the short-term trend turns. Traders now face a clearly defined setup with both opportunity and risk tightly framed, making the next moves especially decisive for XRP’s path toward new highs. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post XRP Golden Retracement Is Holding. Here’s What It Means for Price appeared first on Times Tabloid .
