XRP Price Set for Potential Rebound Amid Key Support Levels This Week

The recent analysis indicates a potential pivotal moment for XRP. Although it has faced downward pressure, technical signals suggest it's nearing the end of its corrective phase.

Key Points:

XRP is trading in a descending structure, with lower highs and Fibonacci values.
After failing to reclaim $2.0, XRP dropped below $2, currently at $1.91.
Analyst CasiTrades highlights $1.73 as a key level that could offer short-term relief if buyers step in.
A critical support area is near $1.64, aligning with the 0.618 Fibonacci level, seen as the likely final low in the corrective move.
If XRP declines directly to $1.64 without bouncing to $1.73, this support might hold on the first touch.
Potential rebound expected from $1.64, possibly moving above the $2.41-$3.00 range by December 19, 2025.

The analyst notes the market's excitement heading into the week, with possible significant movements before the holiday season.