The analysis of XRP on August 21st, indicates a bearish trend. The price of XRP is currently $2.8662. The speaker reviews daily charts, liquidation levels, Ethereum price checks ($4226). A double bottom formation is a key point, with a potential lower low towards $2.65. Short positions are dominant, though a 'wall of longs' is present around $2.82. A potential target low of $2.79 and calls $2.88 as line in the sand. A fib retracement from a recent high to low sets targets and the failure point is described. Higher lows on the 1H timeframe is also assessed. If XRP closes below $2.88, there’s a likelihood of seeing a lower low. Closes above $2.92 would be encouraging, but if the price closes below that, there is an expectation of reaching the $2.75 to $2.81 range. Long-term, a consolidation could fuel a rise to $13-$16 range by October.