Technical indicators are sending mixed signals, reflecting the persistent uncertainty in the market: the Bollinger Bands are moving horizontally, the MACD histogram is hovering near the zero line with minimal volume, while the Stochastic has entered oversold territory and may reverse in the near term. 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 at 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 1.5640
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