Technical indicators confirm the persistence of the bearish trend: the Bollinger Bands are turning downward, the MACD remains stable in the negative zone, and the Stochastic indicator has entered overbought territory and may soon reverse downward. On the weekly chart, the price has also consolidated below the middle Bollinger band, further reinforcing the likelihood of continued decline.
Support and Resistance Levels
Resistance levels: 2.7344, 3.1250, 3.5156.
Support levels: 2.3438, 1.9531, 1.5625.
Trading Scenarios and XRP/USD Forecast
Short positions can be opened below 2.3438, with targets at 1.9531 and 1.5625, and a stop-loss at 2.6500. Implementation period: 5–7 days.
Long positions may be considered 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 | 2.3435 |
| Take Profit | 1.9531, 1.5625 |
| Stop Loss | 2.6500 |
| Key Levels | 1.5625, 1.9531, 2.3438, 2.7344, 3.1250, 3.5156 |
Alternative Scenario
| Recommendation | BUY STOP |
| Entry Point | 2.7345 |
| Take Profit | 3.1250, 3.5156 |
| Stop Loss | 2.4500 |
| Key Levels | 1.5625, 1.9531, 2.3438, 2.7344, 3.1250, 3.5156 |