The analysis focuses on XRP's daily timeframe, observing price compression within a symmetrical triangle pattern, with the apex anticipated around December 13th. The presenter emphasizes the upcoming FOMC meeting, highlighting its historical impact on market volatility, where previous rate cuts led to an initial pump followed by a brutal sell-off. Tomorrow's meeting has a high probability (89.4%) of a 25 basis point rate cut, suggesting potential volatility. The Crypto Fear and Greed Index registers at 22, indicating extreme fear, which historically has presented significant buying opportunities. Institutional demand for XRP is strong, evidenced by recent spot ETF inflows, including $38.04 million in daily net inflow and over $935 million in cumulative net inflow, pushing the total AUM above $1 billion. Ripple's CEO, Brad Garlinghouse, expressed heightened optimism. While substantial institutional buying is reportedly occurring OTC and not yet fully reflected in market prices, this is expected to change. On a 3-day timeframe, XRP has broken below its Gaussian Channel. Historically, such breakdowns have preceded extended bearish periods, with one notable exception in 2024 that resulted in a swift recovery, classified as a 'fakeout.' The analyst suggests watching closely for a daily candle close above $2.20 to confirm an upside breakout, implying the correction has concluded and a move towards new all-time highs is possible. Key support is identified within the $1.80-$2.00 range.