Major areas have been drawn where the support line coincides with 0.786 Fibonacci level. Moreover, you can observe the sub-waves of ABCDE. Potentially, Wave E can re-test the again.
The key element is when we are going to test the resistance which is at 8900 - 9100 $, If we successfully break above this range, we can confirm an uptrend to higher highs.
Let me know your thought in the comments!
Either way, we are in a correction wave area at higher degrees, and even should the price regain bearish momentum it has to finish a correction wave first. In the case of BTC that would take it to 9000 level at least, and XRP should see 0.57... above which would signal a new bullish impulse wave instead of a correction wave.