My Narrative is that that Big Daddy Bitcoin smashed through all the SMAs , all the way to the 600 while alts have been stymied. The entire crypto market is waiting to see if alts like XRP and ETH can get over the 400. The 400 is very clear resistance on ETH, but XRP appears to be fighting thought.
My best case is that the and cross bullishly only the daily, we blast through to the 600 MA as a target with a primary target and over performance at the blue circles; timeframe is one daily cycle, whatever that is.
The stoch RSI trended down at near May 14th and that introduced a lot of chop, and price fell again when the Stoch proper dropped from overbought and ran to oversold. I think most the slack is out of this stoch cycle and the next stoch cycle will see prices appreciate.