At the moment, the price has consolidated below the middle line of the Bollinger Bands and is testing 2.1484 (Murray level [3/8]). A firm breakdown below this level would open the way toward targets at 1.6880 (61.8% Fibonacci extension) and 1.3672 (Murray level [–1/8]). The key level for the bulls is 2.5391 (Murray level [5/8]): a breakout above it could trigger an exit from the descending channel through its upper boundary, signaling a potential trend reversal and a move toward 3.1250 (Murray level [8/8]) and 3.5156 (Murray level [+2/8]), although this scenario appears less likely.
Technical indicators confirm the bearish outlook: the Bollinger Bands are turning downward, MACD remains steadily in the negative zone, and Stochastic may leave the oversold area, allowing for a short-term corrective rebound — though its potential appears limited.
It is also worth noting that on the weekly timeframe the price has settled below the middle Bollinger Band, making the continuation of the downtrend the most relevant scenario.
Support and Resistance Levels
Resistance levels: 2.5391, 3.1250, 3.5156.
Support levels: 2.1484, 1.6880, 1.3672.
Trading Scenarios and XRP/USD Forecast
Short positions can be considered below 2.1484, or on a reversal from 2.5391, with targets at 1.6880 and 1.3672, and stop-loss levels at 2.4200 and 2.7350, respectively. Estimated timeframe: 5–7 days.
Scenario
| Timeframe | Weekly |
| Recommendation | SELL STOP |
| Entry Point | 2.1270 |
| Take Profit | 1.6880, 1.3672 |
| Stop Loss | 2.4200 |
| Key Levels | 1.3672, 1.6880, 2.1484, 2.5391, 3.1250, 3.5156 |
Alternative Scenario
| Recommendation | SELL LIMIT |
| Entry Point | 2.5391 |
| Take Profit | 1.6880, 1.3672 |
| Stop Loss | 2.7350 |
| Key Levels | 1.3672, 1.6880, 2.1484, 2.5391, 3.1250, 3.5156 |