$XRP /USD Technical Analysis — 31 October 2026
Short-term trading outlook • Updated market references
Overall bias: Bearish, with the possibility of a short-term bounce.
XRP is trading around $1.24 USD in the latest available market data. The daily trend is weak, and technical indicators generally favor sellers. However, XRP is approaching support, so a temporary rebound could happen. Borearis +1
### 1\. Important XRP price levels
Reference levels in USD; exchange prices may differ slightly.
| Level | Price |
| ----------------- | ------- |
| Resistance 3 | $1.2846 |
| Resistance 2 | $1.2748 |
| Resistance 1 | $1.2651 |
| Current reference | $1.24 |
| Pivot level | $1.2149 |
| Support 1 | $1.1988 |
| Support 2 | $1.1892 |
Source: Borearis +1
### 2\. Trading scenarios
Bearish scenario — Sell / Short
If XRP breaks below $1.2149 and confirms the breakdown on a retest, watch for:
* Target 1: $1.1988
* Target 2: $1.1892
Invalidation: XRP recovers above the breakdown area and holds.
Bullish scenario — Buy / Long
If XRP holds above $1.2149 and buying pressure strengthens, watch for:
* Target 1: $1.2651
* Target 2: $1.2748
* Target 3: $1.2846
Confirmation: a strong price recovery and a successful retest of resistance.
These are conditional scenarios, not guaranteed predictions. Borearis +1
### 3\. Technical indicators
* RSI: Around 35–36 on the daily chart, showing weak momentum and proximity to oversold territory.
* MACD: Bearish, with the MACD line below its signal line.
* Moving averages: XRP is trading below its 20-day and 50-day averages, indicating selling pressure.
* Short-term outlook: A relief bounce is possible, but the larger trend remains weak until resistance is reclaimed. Borearis +1
### 4\. My trading view
Market trend
Bearish
Key pivot
### $1.2149
Main downside target
### $1.1988
Bullish recovery target
### $1.2651
My preference: I would favor waiting for a confirmed breakdown below $1.2149 before considering a short trade. I would avoid buying aggressively until XRP demonstrates a stronger recovery. Always use a stop-loss, particularly when trading with leverage.
### 5\. Choose your trading timeframe
Which timeframe do you trade?
5-minute scalping
15-minute trading
1-hour trading
4-hour trading
Daily analysis
What do you need?
Buy / Long
Sell / Short
Both
Get detailed XRP analysis.
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