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The analysis focuses on XRPUSDT using a 1-hour timeframe. The current price is around $2.08. The analyst notes recent price action showing a potential trend reversal, with indicators like RSI and MACD showing bearish divergences on the 1-hour and 4-hour charts, suggesting a potential downturn. However, the analyst also observes a potential support level around $1.99. If XRPUSDT breaks below $1.99, it would invalidate the bullish short-term outlook. Conversely, if it holds above this level and breaks through resistance around $2.36, it could signal a move higher, potentially targeting $2.4172 or even $2.50s by early February. The analyst expresses more confidence in a bearish short-term move based on current indicators, but acknowledges the possibility of a bounce from the $1.99 support level, aiming for higher targets if that support holds.