The analysis suggests XRPUSD is currently trading sideways within a broader range and hasn't provided strong confirmation of a meaningful low. A five-wave move up to at least $3.09-$3.10 is needed for bullish confirmation. Currently, XRP finds support around $2.65 but the chart shows fragility. Upside targets are $3.02 to $3.10, but these require a five-wave move. The analyst points to the $3.40 level as a meaningful resistance and a break above this area on the daily chart will be needed to reach the $5 level.