The analysis focuses on XRPUSD, noting its current price at $1.99 following a recent sell-off that mirrored broader market declines. On the 1-hour chart, the price established a lower low with significant volume, which the analyst interprets as a 'fake out' driven by emotional market behavior, suggesting an imminent rebound. The 1-hour RSI is bearish but found support in a typical range, while Stochastics reset to oversold conditions, both indicating potential for upward movement. The MACD on the 1-hour also appears choppy and sideways. On the 4-hour timeframe, a 'double bullish divergence' is identified on the RSI, accompanied by bullish divergences on both the Stochastics and MACD, reinforcing the expectation of a reversal. Fibonacci retracement levels from a preceding swing high were considered, with the current price hovering near the 0.618-0.65 golden ratio. While acknowledging a possible further dip to the 0.786 ($1.89) or 0.886 ($1.80) Fibonacci levels, the analyst expresses reduced confidence in this deeper correction due to the bullish indicator readings. The daily timeframe shows RSI as neutral but bearish, with Stochastics resetting near historical lows. The MACD on the daily also shows a cross. The overall prediction is an upward movement towards targets in the $2.65 to $3.10 range by the end of the year. A decline below $1.80 would invalidate this bullish forecast.