The analysis examines XRPUSDT on a short-term chart, considering two potential scenarios for a fifth wave. The analyst initially considered an impulse but now leans toward a diagonal pattern due to the weakness of the upper micro support area. The analyst identifies no overlap between the current swing low and the previous swing high from August 5th, suggesting it's not impulsive. The target is 3.85 level. The analyst adds a lower support area between 2.85 and 2.96 and says that holding 2.85 is key for upside continuation. However, there's no evidence of a local low, and the 3.40 level remains strong resistance. The analyst states that breaking below 2.85 would increase the likelihood of a larger ABC correction towards 2.21. Also, the analyst mentions that a break above 3.33 would indicate a bottom, enabling the analyst to re-test 3.40 level.