Anyway, that on the left i talked about in my previous analysis, might have been turned into a bear trap. This is not just a dumb guess, these things can be big signs sometimes. Like i have showed you all the past months half year. Think all of these hidden signs played out.
For this bear trap to stay legit, it should stay above the 0.305ish. If the second green breaks, than it's probably invalidated.
On the left it looks like it has formed what looks like a . So if it breaks the 0.315ish, than we could be headed to those red resistances. Let's say this happens while Bitcoin doesn't rally much and consolidates. Then maybe, just maybe the xrpbtc might have set it's low after a half year of dumping. If the current low breaks, no way of telling where the drop might end. If this doesn't play out, i don't give the xrpbtc pair much perspective.