The analysis of XRPUSD, conducted on January 18th, indicates a potential short-term dip before a significant bullish breakout. The current price is approximately $2.06. A near-term support level is anticipated in the $1.99 to $1.95 range. The overall long-term expectation is bullish, with a projected target price between $2.70 and $3.00 by the end of January. This bullish prediction would be invalidated if the price drops below $1.94. Technical indicators on the daily chart show price action grinding at lower levels, suggesting further short-term descent to establish stronger support. The 1-hour chart reveals sideways movement, and weaker reactions at support zones around $2.03-$2.04 indicate a potential for further declines. The 1-hour RSI shows hidden bearish divergence and consistent resistance between 50 and 60. The 4-hour RSI is largely neutral, with resistance observed around 50, suggesting a struggle for upward momentum. Stochastics and MACD on the daily chart show some bullish positivity, with the MACD having crossed above the zero line. This overall consolidation phase, following the MACD's bullish crossover, suggests that the subsequent upward movement is likely to be substantial, surpassing prior resistance levels. The daily RSI's bounce off 50 followed by a rejection at 60 further supports an immediate bearish outlook before the projected larger bullish phase.