XRP Price May Drop to $2.03 Before Bull Run, Says Veteran Trader CasiTrades

Top trader CasiTrades predicts XRP may dip to $2.03 before a strong bull run. Learn why the spot XRP ETF didn't spark an ATH and what traders should watch.

After the launch of the spot XRP ETF many traders expected Ripple’s token to blast past its all-time high (ATH). That optimism faded as XRP price pulled back instead of breaking higher, and the coin now trades around $2.10. Veteran trader CasiTrades offers a different perspective: a modest drop to $2.03 could be the final shakeout before a sustainable bull run begins.

Expectations around the spot XRP ETF were high. ETFs often bring fresh capital and legitimacy, and some investors assumed that would immediately translate to an ATH for XRP. But markets rarely move in straight lines. The recent decline shows how sentiment and technical levels can temporarily override headline-driven optimism. For traders watching XRP price action, CasiTrades says the market is giving a clear structure — a short consolidation or dip may be healthy before higher highs.

Why $2.03? According to the trader’s technical read, $2.03 represents a nearby support zone that could absorb selling pressure and reset the market. A brief test of that level would allow buyers to re-enter with confidence, set stop-losses below a clear support, and prepare for renewed momentum. In other words, a small pullback doesn’t negate bullish potential — it can strengthen it.

What should crypto traders watch next? Key signals include volume spikes, ETF inflows, how Bitcoin behaves (often a market leader), and whether XRP can hold support and reclaim resistance levels above $2.30–$2.50. Watch for divergence on RSI and confirmation from higher timeframe closes to validate any bullish reversal. News related to Ripple, regulatory developments, and macro liquidity conditions will also influence the outlook.

Risk management remains essential. If XRP fails to hold support and drops decisively below $2.03, traders should reassess position sizing and stops. Conversely, a bounce from that zone with increasing volume could mark the start of the next leg up.

Bottom line: The spot XRP ETF didn’t trigger an instant ATH, but that doesn’t mean a bull run is off the table. A controlled dip to around $2.03 might be the healthy reset CasiTrades describes — a test that, if passed, could set the stage for renewed upside in the weeks and months ahead.

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