{"id":19226,"date":"2026-02-04T14:00:18","date_gmt":"2026-02-04T14:00:18","guid":{"rendered":"https:\/\/coinsrise.net\/blog\/xrp-just-hit-a-golden-pocket-relief-bounce-puts-price-at-2-5\/"},"modified":"2026-02-04T14:00:18","modified_gmt":"2026-02-04T14:00:18","slug":"xrp-just-hit-a-golden-pocket-relief-bounce-puts-price-at-2-5","status":"publish","type":"post","link":"https:\/\/coinsrise.net\/blog\/xrp-just-hit-a-golden-pocket-relief-bounce-puts-price-at-2-5\/","title":{"rendered":"XRP Just Hit A Golden Pocket, Relief Bounce Puts Price At $2.5"},"content":{"rendered":"<p>XRP is showing <a href=\"https:\/\/bitcoinist.com\/xrp-could-recover-and-surge\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">signs of a potential bullish turnaround<\/a> after recently hitting a Golden Pocket. Analysts say this Golden Pocket could trigger a strong relief bounce in the XRP price, potentially propelling it toward $2.50. At the same time, they predict that <a href=\"https:\/\/bitcoinist.com\/xrp-price-crash-is-not-over\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">a price drop to new lows remains possible<\/a> if the market does not unfold as expected.\u00a0\u00a0<\/p>\n<p>In an X post on Monday, crypto market analyst CasiTrades Elliot Wave chart, she noted that XRP experienced an expected flush into the Golden Pocket around the 0.618 Fibonacci level near $1.93. At the same time, the cryptocurrency aligned well with the 1.618 Extension for Wave 3, which CasiTrades describes as a textbook move.\u00a0<\/p>\n<h2>XRP Golden Pocket Signals Rally To $2.5<\/h2>\n<p>According to the analyst, this sets the stage for a full Wave 4 relief to begin. She pointed out that the first resistance to watch is the 0.382 Fibonacci Retracement level at $1.78, which also coincides with a previous support breakdown and could serve as a backtest of resistance.\u00a0<\/p>\n<p>Related Reading: XRP To $11, And Then $70: The Next Impulse Wave To Watch Out For<\/p>\n<p>CasiTrades noted that XRP experienced a very shallow Wave 2, only retracing to the 0.382 Fibonacci level in the Elliott Wave chart structure. She explained that modest Wave 2 corrections often signal a deeper Wave 4 retracement, indicating the XRP price could experience a stronger pullback during the next corrective phase before potentially resuming its upward trend.\u00a0<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-large wp-image-879306\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/02\/XRP-chart-from-CasiTrades.jpg?w=512&#038;resize=512%2C290\" alt=\"XRP\" width=\"512\" height=\"290\" loading=\"lazy\" \/><\/p>\n<p>Based on this pattern, the analyst stated that Wave 4 could push XRP higher, potentially reaching the $1.93 level from its current price of around $1.60. She added that the cryptocurrency could climb further to $2.03, which corresponds to the macro 0.5 retracement level. CasiTrades emphasized that XRP would need to reclaim the $2.03 level and hold it as support before a sustained upward move could begin. This highlights $2.03 as a key turning point that could trigger XRP\u2019s next breakout phase above $2.50.\u00a0<\/p>\n<p>The analyst further explained that holding $2.03 as support would eliminate the need for another <a href=\"https:\/\/bitcoinist.com\/xrp-missing-its-5th-wave\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">corrective wave<\/a> down toward $1.55 or lower. She added that maintaining this level could also prevent\u00a0 Wave 5 from failing.\u00a0<\/p>\n<h2>What Happens If Support Fails<\/h2>\n<p>In her Elliott Wave analysis, CasiTrades admitted that \u201cnothing is confirmed yet,\u201d keeping her bullish outlook for XRP speculative. She noted that XRP\u2019s recent drop to new lows created a Bullish Divergence, but the market could still revisit lows.<\/p>\n<p>CasiTrades said that XRP\u2019s bullish scenario will only be confirmed once it breaks through the key resistance level. The accompanying chart highlights the potential downside of support failing, projecting a roughly 8% decline from $1.60 to $1.47. \u00a0<\/p>\n<p><img decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/PCf6b3sM\/\" alt=\"XRP\" width=\"2108\" height=\"1628\" loading=\"lazy\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>XRP is showing signs of a potential bullish turnaround after recently hitting a Golden Pocket. Analysts say this Golden Pocket could trigger a strong relief bounce in the XRP price, potentially propelling it toward $2.50. At the same time, they predict that a price drop to new lows remains possible if the market does not&hellip;<\/p>\n","protected":false},"author":1,"featured_media":19227,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[2356,2187,1653,2960,2865,27,23,29,30,31,32],"class_list":["post-19226","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-xrp","tag-bullish-divergence","tag-casitrades","tag-elliot-wave-theory","tag-fibonacci-retracement-levels","tag-golden-pocket","tag-ripple","tag-xrp","tag-xrp-news","tag-xrp-price","tag-xrpusd","tag-xrpusdt"],"_links":{"self":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/19226","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/comments?post=19226"}],"version-history":[{"count":0,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/19226\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media\/19227"}],"wp:attachment":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media?parent=19226"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/categories?post=19226"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/tags?post=19226"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}