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The analysis of XRPUSD focuses on a short-term bearish outlook. The price has recently broken out of an Elliott Wave triangle pattern, which is seen as a consolidation before further downside. The primary expectation is for continued decline towards lower support levels, with specific targets identified through Fibonacci extensions. The key resistance level, which would invalidate this bearish forecast, is set at $1.96. Supports are identified at $1.77, $1.72, and $1.68, with the 161.8% Fibonacci extension at approximately $1.616 being the main target for the current decline. The overall pressure remains on the downside as long as the price stays below $1.96.