Technical indicators do not provide a unified signal: Bollinger Bands are turning down, Stochastic is moving up from the oversold area, and the MACD histogram remains stable in the negative zone. On the weekly chart, Bollinger Bands are attempting to form an upward trend after a multi-month decline. Under these conditions, the asset may continue to fall in the short term, but in the medium term, price growth appears more likely.

Support and resistance levels

Resistance levels: 1.4648, 1.6420, 1.7578, 1.9531.

Support levels: 1.3671, 1.2695, 1.1718.

XRP/USD chart

Trading scenarios and XRP/USD forecast

Long positions may be opened above the level of 1.4648 or after a price reversal near 1.2695, with targets at 1.6420, 1.7578 and 1.9531, and stop-loss orders at 1.3670 and 1.1718, respectively. Timeframe: 5–7 days.

Scenario

Timeframe Weekly
Recommendation BUY STOP
Entry point 1.4648
Take Profit 1.6420, 1.7578, 1.9531
Stop Loss 1.3670
Key levels 1.1718, 1.2695, 1.3671, 1.4648, 1.6420, 1.7578, 1.9531

Alternative scenario

Recommendation BUY LIMIT
Entry point 1.2695
Take Profit 1.6420, 1.7578, 1.9531
Stop Loss 1.1718
Key levels 1.1718, 1.2695, 1.3671, 1.4648, 1.6420, 1.7578, 1.9531