Technical indicators do not provide a unified signal: Bollinger Bands remain horizontal, the MACD histogram is expanding in the negative zone, while the Stochastic oscillator has turned upward from the oversold area, not excluding a return to the sideways range. It is also worth noting that on the weekly chart Bollinger Bands remain directed downward, confirming the continuation of the long-term downtrend. In addition, price action shows signs of forming a flag pattern, indicating a high probability of renewed decline in the medium term.

Support and Resistance Levels

Resistance levels: 1.5625, 1.6420, 1.9531, 2.3437.

Support levels: 1.3000, 0.9765, 0.7812.

XRP/USD chart

Trading Scenarios and XRP/USD Forecast

Short positions should be opened below 1.3000 with targets at 0.9765 and 0.7812, and stop-loss at 1.4900. Implementation period: 5–7 days.

Long positions can be opened above 1.6420 with targets at 1.9531 and 2.3437, and stop-loss at 1.4200.

Scenario

Timeframe Weekly
Recommendation SELL STOP
Entry Point 1.2830
Take Profit 0.9765, 0.7812
Stop Loss 1.4900
Key Levels 0.7812, 0.9765, 1.3000, 1.5625, 1.6420, 1.9531, 2.3437

Alternative Scenario

Recommendation BUY STOP
Entry Point 1.6500
Take Profit 1.9531, 2.3437
Stop Loss 1.4200
Key Levels 0.7812, 0.9765, 1.3000, 1.5625, 1.6420, 1.9531, 2.3437

XRP remains under increasing bearish pressure after breaking out of a multi-month range. A break below 1.3000 may accelerate the decline toward lower support levels. At the same time, a recovery above 1.6420 would signal a potential reversal and renewed bullish momentum.