XRP Price Prediction: Elite Analyst Calls for Drop to $0.87

The XRP price just lost a critical support level. The $1.31 floor that held for weeks finally broke. Now one of the most detailed chart analysts on X says the path lower is clear.

CasiTrades, known for deep Elliott Wave breakdowns on XRP, shared an updated chart on April 2. Her analysis has a track record of catching major moves before they happen. This time, she sees a structured decline unfolding in five waves. Let's have a closer look.

What CasiTrades Posted

She wrote that the $1.31 support break was exactly what she mentioned in her last update. Once that level failed, a sharp move down became likely. Momentum is now kicking in.

Her target for the current move is the $1.05 to $1.09 range. That zone represents the macro 0.786 Fibonacci retracement. In her wave count, this would complete subwave 3 down.

From there, she expects a relief bounce, labeled as wave 4. Then one more wave down into the $0.87 macro support level, which aligns with a 0.854 Fibonacci retracement. That would complete the full correction.

XRP Chart Analysis

The 4‑hour chart CasiTrades shared shows XRP trading at $1.2883 at the time of her post. The breakdown below $1.31 is visible as a clean move lower, not a wick or a false break. Price action has since accelerated downward.

Source: X/@CasiTrades

The chart is marked with Fibonacci retracement levels from the prior swing high. The 0.786 level sits between $1.05 and $1.09. That is a deep retrace, typical for a wave 3 extension. Wave 3 in Elliott Wave theory is often the longest and strongest leg of the move.

Below that, the 0.854 level at $0.87 is highlighted as the final target for wave 5. The chart also shows a series of lower highs and lower lows, confirming the bearish structure.

CasiTrades labels the current decline as subwave 3 down, meaning the selling pressure is not finished. The relief bounce (wave 4) will likely be sharp and lure in buyers, but she warns that another leg lower (wave 5) will follow to complete the pattern.

XRP Price: Key Levels to Watch

Immediate support sits at $1.28, then $1.20. The first major target is the $1.05–$1.09 zone. If that level holds, a bounce toward $1.15–$1.20 could occur as wave 4.

The final bearish target is $0.87. That level has acted as support in previous cycles and represents a full retrace of the entire post‑2024 rally.

For XRP to invalidate this count, price would need to reclaim $1.31 and hold above it. Until then, CasiTrades sees the path of least resistance as lower.