XRP has delivered the kind of price action technicians crave: a sharp revisit of a critical level followed by a decisive rebound. After weeks of uneven movement across the crypto market, the token’s latest move has injected fresh conviction into a chart that had looked increasingly indecisive. For traders and investors alike, this perfect backtest is more than a fleeting moment—it provides a clear roadmap for what comes next. The Perfect Backtest Explained Market analyst CasiTrades captured the event succinctly, calling it “the backtest of $2.79 support was perfection—exactly where we’d expect momentum to step in.” That $2.79 zone aligns with the macro 0.5 Fibonacci retracement, a level that has repeatedly acted as a floor during the current correction. Maintaining this structure, CasiTrades notes, keeps the bullish Elliott Wave count intact and suggests that a powerful Wave 3 advance remains possible. XRP's Support Perfect Backtest and What It Means for the Next Move! The backtest of $2.79 support was perfection! – exactly where we'd expect momentum to step in! The macro .5 fib is continuing to act as major support in this correction… That said, the market still… pic.twitter.com/bK092dX5aA — CasiTrades (@CasiTrades) September 24, 2025 Current Market Snapshot As of report time, XRP trades at $2.81 , according to real-time data from major market trackers. Trading volumes remain strong, reflecting steady interest from both retail and institutional participants. This technical precision stands out in a sector where most large-cap cryptocurrencies are experiencing similar corrections without the same clear structural support. Critical Levels to Monitor CasiTrades highlights three price gates that will determine XRP’s next major swing. First, the token must “break and hold above $2.97 ,” which represents the 0.854 retracement and the structural bottom of Wave 1. Second, flipping the macro 0.382 Fibonacci at $3.00 into support would “confirm new trend for our Wave 3 up.” If these hurdles fail to give way, the market could revisit $2.79 or even dip toward $2.58, the 0.618 retracement level. These thresholds are not mere chart trivia—they are the key markers separating bullish continuation from another leg lower. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Momentum and Broader Signals Technical indicators reinforce the importance of these zones. The Relative Strength Index remains neutral, suggesting room for either an upside breakout or another corrective move. Trading volume continues to hover near recent averages, providing liquidity but not yet the surge that typically accompanies a confirmed breakout. Implications for the Next Move The significance of this “perfect backtest” lies in the clarity it provides. As CasiTrades emphasizes, sustained strength will only emerge if $2.97–$3.00 is reclaimed and defended. Otherwise, the market should prepare for a controlled retreat to prior supports. For disciplined traders, this means allowing price action to confirm direction before committing significant capital, using the clearly defined Fibonacci levels as a guide. XRP’s recent performance has turned a noisy market into a technically coherent battleground. Whether the token launches into a fresh Wave 3 or revisits its lower supports will depend entirely on how it behaves at these pivotal levels—making the coming days critical for anyone tracking the next chapter of XRP’s bullish narrative. 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’s Support Perfect Backtest. Here’s What It Means for Next More appeared first on Times Tabloid .
