The analysis centers on XRP and Bitcoin. XRP is currently priced at $3.02, and a potential drop to $2.94 is anticipated, with a possible lower support level around $2.90 to $2.85. A double bottom formation is considered a possibility. Bitcoin's movement is expected to influence XRP, with potential support at $114,400. A 2.11% drop in Bitcoin could pull XRP down, a $113k Bitcoin drop may cause XRP to break its low, however Bitcoin might not affect XRP that much as it has held its own when Bitcoin dropped, with long positions outweighing shorts, with a move to $3.15 possibly triggering a short squeeze for XRP up to $3.40. There is a scenario where the analysis foresees a pump to $13 to $16 in a month and a half.