XRP/USD — Bearish Structure Holds Below 1.37Market Cap XRP, $CRYPTOCAP:XRPJohn_IsigeXRP/USD continues to trade within a descending channel, extending its pullback in line with broader market weakness. The pair is hovering near 1.3671 (Murray ), a pivotal level that price has so far struggled to reclaim sustainably. ⸻ Macro Pressure Weighs on XRP Digital assets remain under pressure due to: •Elevated geopolitical risk (US–Iran tensions) •New 15% US import tariffs adding trade uncertainty •Rising probability of prolonged restrictive Fed policy •January unemployment at 4.3%, inflation still above target Additional selling pressure emerged after 31M XRP were transferred to Binance, typically associated with potential distribution. While Ripple ETFs recorded modest inflows ($2.25M), sentiment remains weak: •Fear & Greed Index: 11 (extreme fear) Regulatory clarity via the CLARITY Act remains delayed, limiting upside catalysts. ⸻ Technical Structure •Trend: Long-term bearish (descending channel intact) •Bollinger Bands: Flattening (short-term consolidation) •MACD: Negative territory •Stochastic: Near oversold •Weekly bias: Bearish (Bands trending lower) ⸻ Key Levels 🔹 Support •1.3671 •0.9765 •0.7812 🔹 Resistance •1.6420 •1.9531 •2.3437 ⸻ Trading Plan 🔻 Primary Scenario — Breakdown Continuation •Sell below: 1.3671 •Entry: 1.3220 •Targets: 0.9765 → 0.7812 •Stop-loss: 1.5700 •Time horizon: 5–7 days A confirmed consolidation below 1.3671 reinforces bearish continuation. 🔺 Alternative Scenario — Reversal Setup •Buy above: 1.6420 •Entry: 1.6500 •Targets: 1.9531 → 2.3437 •Stop-loss: 1.4200 A breakout above 1.6420 would invalidate the channel structure and signal a medium-term shift. ⸻ Outlook Until XRP reclaims 1.5625–1.6420, the broader structure favors sellers. The 1.3671 level remains the key trigger. Bias: Bearish below 1.6420 Invalidation: Sustained move above 1.6420