Technical indicators confirm the persistence of the bearish trend: Bollinger Bands are turning downward, the MACD is expanding in the negative zone, and the Stochastic oscillator is heading lower but approaching the oversold area, which suggests a possible short-term correction — though its potential remains limited.

Support and Resistance Levels

Resistance levels: 2.7344, 3.1250, 3.5156.

Support levels: 1.9531, 1.5625, 1.1719.

XRP/USD chart

XRP/USD Trading Scenarios and Forecast

Short positions can be opened below 1.9531 with targets at 1.5625 and 1.1719, and a stop-loss at 2.2300. Implementation period: 5–7 days.

Long positions can be opened above 2.7344 with targets at 3.1250 and 3.5156, and a stop-loss at 2.4500.

Scenario

Timeframe Weekly
Recommendation SELL STOP
Entry Point 1.9525
Take Profit 1.5625, 1.1719
Stop Loss 2.2300
Key Levels 1.1719, 1.5625, 1.9531, 2.7344, 3.1250, 3.5156

Alternative Scenario

Recommendation BUY STOP
Entry Point 2.7350
Take Profit 3.1250, 3.5156
Stop Loss 2.4500
Key Levels 1.1719, 1.5625, 1.9531, 2.7344, 3.1250, 3.5156