For now, the Drop is already done!
The question is: Will this one repeat itself?
We need XRPBTC now to make a Higher Low, then break above the previous swing high!
For XRPBTC to go up, there are three scenarios:
1- Ripple UP, and Bitcoin DOWN (best case scenario)
2- Ripple UP, and Bitcoin UP but with Ripple moving up more aggressively.
3- Ripple DOWN, and Bitcoin DOWN but with Bitcoin moving down more aggressively.
Let me know your thoughts ;)
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Hope it can make it back to where it really deserves.