XRP has broken below a major Fibonacci retracement level, according to prominent cryptocurrency analyst CasiTrades, prompting renewed caution among traders watching the coin’s near-term prospects. CasiTrades, an analyst known for her technical chart analysis shared on X, observed that XRP dropped beneath the 0.5 Fibonacci retracement, a level she had been monitoring as a pivotal support. This development has invalidated her previous expectation of a final wave movement toward $1.78.