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The analysis focuses on XRPUSDT, suggesting a bearish outlook. The price has broken below key technical levels, including the 30-day and 200-day moving averages on the 4-hour chart, and has also failed to reclaim the monthly value area high. The failure to hold the 1.2295 level, which represents the 30-day VWAP, indicates further downside potential. The next significant support level identified is around 1.1703 (7-day VWAP). If XRPUSDT breaks below this level, it is expected to continue its downward trend towards 1.1111 (monthly VAL). The analysis highlights that previous swing lows have been invalidated, reinforcing the bearish sentiment. While some minor support is observed at 1.1800, the overall structure and volume profile suggest a continuation of the downtrend, especially with upcoming fundamental events like the FOMC meeting which could introduce volatility. The speaker indicates that for XRP to regain bullish momentum, it needs to reclaim the 1.2295 level and establish strong support above it.