The analysis focuses on XRP's price action from October 2023, observing a sustained downtrend mirroring Bitcoin's movements. Technical patterns such as a selling climax, automatic rally, secondary test of lows, and failed breaks indicate market dynamics influenced by algorithmic trading. XRP has notably lost momentum against Bitcoin during periods of consolidation. The daily Relative Strength Index (RSI) for XRP displays a triple bottom, suggesting potential for a bullish reversal. A key observation highlights a 'capitulation wick' on November 21st, coinciding with a double bottom on the XRP/USD Coinbase pair. The analysis posits that if XRP maintains a price above $1.8546 on the daily chart, it is likely to initiate a rally, potentially targeting previous highs around $2.70. Conversely, a drop below $1.8546 would invalidate this bullish outlook, indicating a further decline towards $1.54. For Bitcoin, two scenarios are presented: an upward movement towards its 50-week or 200-day moving average (approximately $100,000) or a sweep of the April lows around $75,000. USDT dominance analysis, showing a base formation and an inverted head and shoulders pattern, suggests a potential retest of lower levels before a push towards 8.58%. The strategic use of Fibonacci retracements and extensions aids in identifying critical price levels and potential targets for both assets. The overall sentiment suggests a near-term bullish opportunity for XRP, provided key technical supports are maintained, within a broader market context that anticipates a bearish phase in 2026.