XRP is trading near a critical resistance level of $2.82 on Binance, marking a pivotal moment for its near-term direction. Analyst CasiTrades suggests the price may experience one final downward wave before a potential bullish breakout toward $6.50 or higher.

Bitcoin's price weakened after the $116,000 liquidity zone was cleared, signaling bearish momentum and dampening market sentiment. Ethereum is challenging the $4,200 resistance level, with analysts monitoring for signs of a breakout or pullback.

XRP faces resistance following a strong recovery, with price action conforming to Elliott Wave Theory's consolidation phase. Analyst CasiTrades notes this pattern typically precedes a final movement, with inconsistent exchange data complicating market analysis.