Market Analysis
XRPUSD week ahead: what to watch after choppy 2026-07-20
XRPUSD closed last week near 1.0864 after a mid-week rejection from 1.1272, and a thin macro calendar leaves price action and positioning in charge this week.
3 min readNAS100 opened Monday at 29683.63 and closed Friday at 28584.13, a net loss of roughly 1099 points, or about 3.7 percent on the week. The slide built through the second half of the week. Wednesday's session broke below 29000 and Thursday extended the move, driving the index to a weekly low of 28218.49 before a modest bounce into the close.
The bundle carries no scheduled high-impact events for the coming five sessions, so this week is about how price behaves around last week's damage. The central question is whether the 28218 low from Thursday holds as a floor or gives way. That level is the reference point everything else hangs on as the week opens.
Watch the broader index tape for tone. A firm open above 28900, the Friday high area, would suggest last week's selling has paused. A weak open that drifts back toward the low would suggest sellers are still in control. Open an LHFX account to trade NAS100 this week.
If price reclaims 28900 early in the week and closes above it, the next obvious reference is the 29200 zone where the index changed hands earlier last week. If it stalls there, sellers likely defend and the low is back in play. If price loses 28218 instead, there is little recent structure below, and momentum sellers tend to press such breaks. Correlated indices can help confirm direction. If the S&P 500 holds firm while NAS100 lags, that divergence is worth noting before you read too much into a single session.
LHFX client positioning shows 54.8 percent long against 45.2 percent short as of Monday morning. That is a mild long skew after a week that punished longs. It tells you consensus is leaning toward a bounce rather than a continuation. A crowded long book into a falling market can add fuel to further downside if the low breaks, so treat the skew as context, not a signal.
Three reference levels frame the week. The 28218 low is the line that separates a hold from a break. The 28900 area near Friday's high marks the first hurdle for buyers. Above that, 29200 sits where the index spent much of the middle of last week. These are reference levels for orientation, not entry signals.
Byline: LHFX Research
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