The analysis on XRP identifies a local bottoming phase supported by several technical indicators. Recent negative funding rates have transitioned to positive, suggesting a reduction in short positions and a potential shift in market sentiment. While open interest is increasing, it remains at a moderate level, indicating controlled leverage. The Cumulative Volume Delta (CVD) is also on an upward trajectory, confirming buying pressure. Key levels of interest for potential downside include historical single prints at 1.96 and a naked Point of Control at 1.93, which have not yet been revisited. Despite the looming interest rate decision, which historically introduces bearish pressure and prompts de-risking, the fundamental market structure for XRP is expected to remain bullish. The analysis predicts an upward movement towards intermediate targets of 2.17 and 2.2, correlating with the 30-day rolling Volume Weighted Average Price (VWAP) and the 2.2 Point of Control. The ultimate price target for this rally is set at 2.41. The primary risk factor involves a potential deeper retracement to fill the aforementioned imbalances at 1.96 and 1.93, which would be an unlikely scenario unless significant de-risking accelerates prior to the FOMC meeting.