XRP News Today: XRP Holds Critical Support at $2.145 Amid Consolidation

XRP has been consolidating over the past forty-eight hours, forming a critical inflection zone. The 15-minute chart published by independent analyst Casi highlights the significance of the current trendline, which has supported every impulsive thrust since the local swing low near the 0.618 retracement at $1.9824 on 23 June. The price is currently hovering at $2.18, clinging to a steeply rising trendline that intersects a horizontal shelf of former resistance-turned-support at the 1.618 extension measured from the same base move, labeled at $2.186. This confluence forms the geometric “apex of consolidation” that Casi has been highlighting.

Casi emphasized the importance of this trendline, stating, “This trendline is everything right now. We just got a clean reaction off it. This correction already reached the .382 retracement at $2.145, which also happens to be the apex of consolidation… that’s the most critical level on the chart, short-term.” The most recent corrective pullback tagged the 0.382 Fibonacci retracement of the advance, exactly at $2.145, before bulls forced a reaction. As long as candles continue to close above that retracement, the underlying market structure remains constructive. A decisive break beneath $2.145 would signal short-term weakness and open the door to a deeper flush.

Overhead, XRP faces layered resistance. The first ceiling sits at $2.20, but the level called out as “the next big test” is the thicker pink band at $2.25. This mark capped price repeatedly during the previous session and coincides with a prior 1.272 extension of the late-May corrective leg. If XRP can flip that level, it would likely open the path toward the $2.69 retrace test, and from there, the breakout potential increases dramatically. If price can reclaim $2.25 on expanding volume and then retest it as support, the chart leaves an unobstructed lane toward the 2.618 extension at $2.296—effectively $2.30—and, by projection, the $2.69 Fibonacci target that would complete the measured-move roadmap Casi is tracking.

Momentum, however, is not yet offering a clean green light. The lower pane shows a 14-period RSI capped by its own descending trendline that has compressed every rally since 24 June. With the oscillator printing 46.24 (signal) versus 43.59 (base line) at the time of the screenshot, the gauge is climbing but still mid-range. A marginal higher high in price paired with a lower high in RSI would etch a textbook bearish divergence—an outcome Casi told one follower he is “expecting to set up” if XRP pierces $2.25 before consolidating anew. “I think this next high will form a bearish div,” he added. “The RSI is telling me it’s about to set that up.”

In summary, XRP is at a critical juncture. The bull case hinges on the integrity of the $2.145–$2.186 support complex and a breakout through $2.25, while the bear case rests on trendline failure and an RSI divergence confirming upside exhaustion. With liquidity thinning into the weekend, the resolution of this narrow consolidation could shape the next wave—whether that proves to be the ignition of a larger third impulse or the start of a deeper corrective detour. As Casi put it, “This is the kind of price action you want to see if XRP is serious about continuing this new trend to the upside.”