The analyst is discussing XRPUSD and XLMUSD. The analyst sets a target for XRPUSD to 3.38 then to 3.68. The fail bound to invalidate the XRPUSD chart pattern is at 3.07. The analyst sees the last sprint before heading up again, as the rate was cut by 25 basis points. A consolidation range is formed with people going long and short. The shorts are currently being squeezed. It could break this descending resistance line. Analyst describes XLMUSD having a breakout detector moving in the direction he desires. XLMUSD target is 0.46 and then aiming high. He sees the pattern to about 85% of the time break to the downside. XLMUSD fail bound to invalidate the chart pattern is at 0.37.