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The analysis focuses on XRP and XLM, both showing a bearish trend on the weekly chart. XRP previously broke out of a range and is currently trading below a long-term trendline. The speaker suggests that if XRP fails to reclaim the trendline, it could experience further downside. XLM also showed a similar pattern, with a brief fake-out before a strong upward move. The speaker highlights the importance of the trendline for both assets. For XRP, a close above $1.30 on the weekly chart is seen as a potential bullish signal, while a failure to do so, with a close below $1.12, would confirm a bearish outlook. For XLM, the current price is around $0.224, with a target of $0.25 and a fail bound at $0.21. The analysis suggests a potential double bottom retest for XRP, aiming to collect liquidity before a possible upward recovery.