The analysis suggests that XRPUSD is completing a Wave 4 triangle pattern with potential targets between $5.40 and $6.30, possibly reaching $7. The current price is $2.88, with a failure bound around $2.53 based on the 200-day moving average. A 4-hour close above $2.96 and $3.00 will confirm the Wave 4 completion and bullish momentum. The XRPBTC chart is backtesting the 200-day moving average. It's forming a triangle pattern indicating a potential move towards the next supply zone at 0.00003500 BTC. The analysis notes XRP's bullish order flow despite local tops, emphasizing that the overall trend is bullish. The actual trend is bearish.