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The analysis for XRPUSD on the 1D timeframe indicates a continuation of downward pressure. The market previously exhibited a three-wave advance, followed by a five-wave decline, and then another three-wave advance. This sequential pattern suggests sustained bearish momentum. A key observation is the market's position below critical resistance levels; specifically, the $2.15 level has been identified as a significant upper boundary for sustained downward pressure. The current price of XRPUSD is approximately $1.92. Technical assessment, leveraging Elliott Wave theory and Fibonacci extensions, forecasts a further decline, anticipating a 'one more low' scenario in Wave 5. The inferred target price for this decline is approximately $1.70, aligning with the 161.8% Fibonacci extension at $1.65898 and the defined 'alt II' zone. Although a 5% rebound from the $1.84505 support level was noted, this is interpreted as a corrective bounce within the prevailing bearish trend. The analysis specifies that the bearish outlook would be invalidated if the price surpasses the $2.15 mark, indicating a shift in market dynamics.