The analysis focuses on XRPUSD on the daily timeframe, noting that the price has been moving sideways between $1.75 and $2.16 for the past year. A recent flash crash to $1.56 saw a swift recovery, but sideways action continues. The analyst states that there is no impulse to the upside and the market is currently struggling to gain upward momentum. The speaker asserts that the cryptocurrency tried to break up in April already but it ended as a 3 wave pattern. A break below $2.65 in September invalidated further impulsive upside. The analysis considers $2.69 and $2.80 as important resistance levels; breaking above these could lead to $5.00+ target. A break below $2.26 could lead to a further ABC correction. He also highlights a trend line on the hourly chart, suggesting that a break above $2.53 could open the door to testing the $2.69 - $2.84 area.