The XRP Price Move We’ve Been Waiting For Is Here!

XRP price dipped another 2.5% today, now trading just slightly above $1.00. The token has been in freefall, down almost 15% in the past week. The broader crypto market is behaving the same way – Bitcoin in the low $60,000s, Ethereum below $1,700, altcoins getting crushed.

But CasiTrades, an analyst I like to cover here on CaptainAltcoin, just updated her XRP price outlook again.

Her message? The move we have been waiting for is finally here.

The XRP Price Correction Is Approaching Its Final Level

CasiTrades posted an update on June 24 that caught my attention. She wrote:

“The market is dropping hard, exactly the type of move we’ve been preparing for, and XRP is approaching the major support levels we’ve been tracking!

Her key levels below:

• $1.00 – The first major support
• $0.93 – Where her buy is
• $0.87 – Primary target (macro .854)

She called this “THE MOST critical moment in the market cycle!”

Her reasoning is worth reading carefully. She said the correction is approaching its final level. The fear will be loud. People will likely start calling for lower and lower prices as the level is reached. They will tell you the market is going to zero.

But she warned: “Don’t let someone else’s fear cause you to miss your own opportunity. Every major trend begins when sentiment is at its worst. The correction is doing exactly what it should. This is perfect market structure.”

That is classic contrarian thinking. When everyone is panicking, the bottom is near.

XRP Chart Analysis: The Structure Is Clear

The attached TradingView chart from CasiTrades shows XRP/USD on the 1‑hour timeframe on Coinbase.

Key observations:

The Descending Channel: the XRP price has been trading in a clear downward channel since the rejection near $1.30 in early June. Each lower high and lower low confirms the bearish trend. The channel’s lower boundary is now being tested near $1.04‑$1.05.

The .618 Retracement at $0.9976: The chart labels a .618 Fibonacci retracement level at $0.9976. That is the next major support below $1.00. CasiTrades has marked it as a key level.

The $0.93 Buy Zone: The chart shows $0.93 as a highlighted area where she plans to enter. That aligns with her tweet.

The $0.87 Target: The primary macro target at $0.854 (annotated on the chart) remains in play. This is the destination she has been tracking for months.

The RSI: The RSI at the bottom reads 27.74, with a previous reading of 31.98. That is oversold territory. On the 1‑hour timeframe, that suggests short‑term selling pressure may be exhausted. However, oversold can stay oversold in a strong downtrend.

Wave Structure: The XRP chart is labeled with wave counts showing a completed (4) wave and a (5) wave in progress. The .618 extension of wave (4) lands at $0.9976, which is why that level is significant.

The conclusion from the chart: XRP is approaching the final support zone of this correction. The $0.93‑$1.00 area is the accumulation zone. The $0.87 target is the ultimate destination.

Read also: What Claude AI Expects From XRP Price Before the End of June

Big News: RLUSD Launches in Japan

Even though the XRP price action is painful, Ripple is still doing its thing globally.

Ripple announced today that its USD‑backed stablecoin, RLUSD, has officially launched in Japan. This follows regulatory approval from the Japan Financial Services Agency (JFSA) , under which RLUSD is categorized as a new type of electronic payment instrument under Japan’s Payment Services Act.

The launch is through SBI VC Trade , the licensed crypto exchange subsidiary of SBI Holdings. RLUSD will be offered to both institutional and retail users through the VCTRADE platform.

Key details:

• RLUSD has reached $1.7 billion in market capitalization since its late 2024 launch
• It is now available in one of the world’s most sophisticated digital asset markets
• The launch builds on a decade‑long relationship between Ripple and SBI Group
• Jack McDonald, SVP of Stablecoins at Ripple, called it “an important step in expanding access to transparent, regulated USD‑backed stablecoins”

What this means for XRP: RLUSD’s expansion into Japan strengthens the broader XRP ecosystem. More regulated stablecoin adoption means more liquidity, more settlements, and more utility for the XRP Ledger. While the immediate price reaction has been muted (the whole market is crashing), this is a long‑term positive.

Where Could XRP Price Go From Here?

CasiTrades is confident the correction is nearing its end. Her levels are clear:

• $1.00 is the first major support
• $0.93 is her buy zone
• $0.87 is the primary target

If the correction plays out as she expects, the XRP price could bottom near $0.87 before reversing higher. The RLUSD news in Japan is a reminder that the ecosystem keeps growing even when the price is bleeding.

Short‑term: Expect more volatility. The market is in panic mode. CasiTrades warned that “people will likely start calling for lower and lower prices.” That is fear talking. The correction is approaching its final level.

Medium‑term: A bottom near $0.87‑$1.00 could lead to a significant bounce. The first resistance after a bottom would be $1.18, then $1.30.

Long‑term: The fundamentals are stronger than ever. RLUSD in Japan, Franklin Templeton building on XRPL, and ongoing institutional adoption all support a higher XRP price over time.

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