Technical indicators are sending mixed signals: the Bollinger Bands are moving horizontally, the MACD histogram remains stable in positive territory, while the Stochastic has turned lower but is still approaching the oversold zone. It is also worth noting that on the weekly chart the Bollinger Bands continue to point downward, confirming that the long-term downtrend remains intact — though a reversal cannot be ruled out, as price is preparing to challenge the Bollinger Bands middle line in the area of 1.5625 (Murray level [4/8], W1).

Support and Resistance Levels

Resistance levels: 1.5625, 1.9980, 2.3519.

Support levels: 1.3671, 1.2695, 1.1718, 1.0742.

XRP/USD Chart

XRP/USD Trading Scenarios and Price Forecast

Long positions can be opened above 1.5625, targeting 1.9980 and 2.3519, with a stop-loss at 1.4160. Time horizon: 5–7 days.

Short positions should be considered below 1.3671, targeting 1.2695, 1.1718, and 1.0742, with a stop-loss at 1.4420.

Scenario
Timeframe Weekly
Recommendation BUY STOP
Entry Point 1.5630
Take Profit 1.9980, 2.3519
Stop Loss 1.4160
Key Levels 1.0742, 1.1718, 1.2695, 1.3671, 1.5625, 1.9980, 2.3519
Alternative Scenario
Recommendation SELL STOP
Entry Point 1.3665
Take Profit 1.2695, 1.1718, 1.0742
Stop Loss 1.4420
Key Levels 1.0742, 1.1718, 1.2695, 1.3671, 1.5625, 1.9980, 2.3519