Why XRP's Price Could Drop to $0.87 Before the Bear Market Concludes

As XRP's price has been falling steadily, dropping from over $3 in 2025 to below $1.4 now, the uncertainty looms large. The current bearish trend in the crypto market raises questions about its next steps. While some traders remain hopeful for a recovery, others foresee further declines. Crypto analyst CasiTrades has expressed a bearish outlook, suggesting that the consolidation period for XRP may still be ongoing and predicting a potential drop to $0.87 before this bear market concludes.

Key Takeaways

The XRP price has been declining for several months, currently trading at around $1.39.
Analyst CasiTrades predicts a possible drop to $0.87 before any significant recovery.
The $0.87 level is viewed as a crucial support area; if XRP reaches this, a rebound may follow.
A resistance level around $1.65 could signal a shift to bullish momentum if surpassed.
A projected recovery phase (Wave 5) may follow after Wave 4 concludes, with potential price hikes towards $1.78 and beyond.

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XRP Price Predicted to Reach $0.87

CasiTrades recently shared a detailed technical analysis of XRP's price movements, depicting a bearish short-term scenario that could lead to a significant decrease to $0.87 before any substantial recovery begins. In a post on X, she pointed out that XRP has been in Wave 4 of an Elliott Wave structure for the last 34 days. During this timeframe, price fluctuations have been sluggish and overall volatility has decreased significantly.

Currently, XRP is trading around $1.39 and appears to be caught in a corrective pattern that has remained stable since early February. According to CasiTrades, this sideways movement is typical of Wave 4 behavior and often results in prolonged consolidation that can exhaust traders, leaving both bullish and bearish investors frustrated.

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Source: Chart from CasiTrades on X

CasiTrades identifies two critical price points likely to influence XRP's future movements. The first is the $0.87 mark, which aligns with the 0.854 Fibonacci retracement level indicated on the chart. Should XRP drop to this price, the analyst anticipates it will serve as a strong support area, potentially completing the ongoing correction and allowing for a recovery to begin.

The second key level is the resistance near $1.65, corresponding to the 0.618 Fibonacci extension. CasiTrades suggests that if XRP can rise above this level and maintain it as support, it would invalidate the bearish perspective and suggest a shift towards bullish momentum.

Anticipated Recovery Following Wave 4 Completion

If the bearish scenario unfolds, CasiTrades' chart indicates that once Wave 4 concludes near the $0.87 support zone, the market could shift into Wave 5, marking a projected phase of strong recovery. The green line on the chart represents this anticipated rebound, suggesting a significant upward movement once the corrective phase comes to an end.

Following the trajectory indicated by the green line, XRP is expected to bounce back sharply from the $0.87 level and move towards the next intermediate zone around the 0.786 Fibonacci Retracement level at approximately $1.085. Subsequently, the price may revisit its previous resistance area near $1.65 before possibly climbing to the second resistance level around $1.78. If XRP surpasses this threshold with bullish momentum, further upward movement could push it beyond $1.9.

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XRP trading at $1.39 on the 1D chart | Source: XRPUSDT on Tradingview.com