IMHO we are seeing formation of a bearish trendline. May be a good shorting level.
XRP hodlers don't panic! I believe we are gonna form a reverse head and shoulders pattern, which is a bullish pattern . Plus, for now XRP held a MAJOR long term descending support line beautifully, which used to be a strong resistance for MONTHS. So be patient for a little longer, it will pay out.
Monthly log chart of XRP with Bollinger Bands shows that bands is getting narrower. IMO breakout (up or down I am not sure) is close. How close? If history repeats itself, it should happen in 2 months. Happy trading.
Want a real bull market? First, break above the triangle; second, break the major resistance (orange line), then you are good to go.
On the weekly chart XRP has formed a descending triangle, which will be broken soon. XRP should break above it and hold there steadily, preferably close twice, in order to confirm next bull run. In case price breaks downwards, further decrease in price towards around $0.12 is probable. This is my first public idea. Please don't be too strict ))