XRP Wave 4 Relief Rally Targets $1.65 as Analysts Flag Risk of One More Drop

XRP is advancing in a Wave 4 relief rally after last Thursday's sharp sell-off pushed RSI to multi‑year lows, which CasiTrades interprets as possible capitulation. Price has already tested the 0.382 Fibonacci retracement near $1.52 and could extend toward the key $1.65 region, where multiple Fib levels converge. Failure to hold $1.65 as support may open the door to a final leg lower toward $1.09 or even $0.90, while a decisive break and retest above that level would improve the recovery outlook.