The analyst discusses XRPUSD, noting the whole market is down, but despite a shaved base pattern that might suggest going lower, the 1-hour timeframe gives some optimism, dependent on the end of day's performance. The analyst observes a large volume on a recent breakout candle that didn't lead to a breakout, suggesting a possible move in the opposite direction. Indicators are showing bullish divergence. Looking at the 4-hour timeframe, the analyst notes the possibility of a quadruple bottom, but it's not ideal due to the area being shaved off. The analysis centers around identifying the possibility of bullish or bearish reaction and estimates support and resistance levels. The analyst mentions that if bulls are going to take over and trigger a run to all-time highs, the move has to happen soon.