XRPUSD: XRP Tests Major Support at 1.1718 as Bears Remain

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XRPUSD: XRP Tests Major Support at 1.1718 as Bears Remain XRP / US DollarBINANCE:XRPUSDJohn_IsigeXRP continues to weaken after breaking below its former consolidation range of 1.3671–1.5136. The pair is now testing the critical 1.1718 support zone, a level that has repeatedly acted as a floor since February and could determine the next major directional move. The bearish structure remains intact after the breakdown from the medium-term range. A confirmed close below 1.1718 would likely trigger another wave of selling pressure and expose downside targets at 1.0742, 0.9300, and potentially 0.7812. This area represents the last major support before a deeper correction unfolds. On the upside, bulls need to reclaim 1.3671 to invalidate the current bearish setup. A move back above this level would signal that buyers are regaining control and could open the way toward 1.5136 and 1.6600. Until that happens, rallies are likely to be viewed as corrective moves within a broader downtrend. Technical indicators continue to support the bearish outlook. Bollinger Bands are sloping lower, MACD is expanding in negative territory, and the broader weekly trend remains firmly bearish. Stochastic has reached oversold conditions, which increases the possibility of a short-term bounce, but there is still no confirmation of a meaningful reversal. The completion of a bearish flag pattern further supports the risk of another downside extension. Key levels to watch Resistance: 1.3671, 1.5136, 1.6600 Support: 1.1718, 1.0742, 0.9300, 0.7812 Bearish setup Sell bias below 1.1718 → targets 1.0742 / 0.9300 / 0.7812 Stop-loss: 1.2430 Alternative bullish setup Buy bias above 1.3671 → targets 1.5136 / 1.6600 Stop-loss: 1.2720 As long as XRP remains below 1.3671, the trend favors the bears. The 1.1718 level is now the key battleground — a breakdown could accelerate selling, while a successful defense may trigger a temporary relief rally.