XRP price action has been stagnant, consolidating in the $1.30-$1.35 range for days. 😴 However, a well-known analyst warns this calm is deceptive, anticipating a significant price dip. The projected full setup for this dip is from $1.13 down to $0.87.

Crypto analyst CasiTrades, known for detailed XRP breakdowns, issued a warning on April 6. She notes the emergence of bullish candles and growing market optimism, but advises traders not to get trapped. ⚠️

Her analysis highlights XRP's failure to establish a new high. Instead, it executed a clean 5-wave move directly into resistance. This technical pattern suggests strong headwinds and a potential bearish reversal is on the horizon. 📉