The analyst discusses XRP and Bitcoin, noting Bitcoin's testing of support levels not seen since early July and a not very strong reaction to those levels. XRP's reaction has been relatively good. A pullback to the 2.95 level for XRP was expected, with a possible drop to 2.88. The 90-day rolling VWAP acts as strong support. A fair value gap is identified at 2.83, the naked point of control is at 2.86 and a single print at 2.89. Key support levels are identified between 2.55 and 2.60. The analyst draws a possible upward path from the 2.80 region back to the 3.0 area. Given the market weakness the analyst suggests there is a possibility that XRP may spike down to 2.55-2.60 region.