The analyst discusses XRP and evaluates the risk metric for the asset. He notes the valuation of altcoins in satoshis, stating altcoins frequently bleed back to Bitcoin over time. He focuses on the XRP/BTC pair, emphasizing a double bottom formation. He explains that when double bottom setups appear, it's a good bullish sign. He then shifts attention back to XRP/USD, highlighting $2.60 to $2.70 as a level to watch. The analyst expects a potential pullback in September, to the bull market support band, to find support, before a bounce-back in October.