XRP Could Skip Final Rally and Fall Toward $1.27 Support

$XRP Could Skip Its Final Rally and Head Toward $1.27

$XRP remains below resistance near $1.65 as its narrowing trading range approaches a potential turning point. Crypto analyst CasiTrades said the token could make one more advance toward roughly $1.70, but her wave-count interpretation also allows the correction to begin without another high.

In an Oct. 6 $XRP analysis, she described the smaller consolidation as nearing the point where its trend lines converge. In her framework, a fifth wave would represent one final advance before a larger retreat, but $XRP does not always complete that final leg.

That leaves $1.27 as a major area to watch if the pullback begins first, with $1.10 providing another possible support zone if selling deepens. The analyst explained: