The market has been quiet for quite some time now, apart from Bitcoin , Ripple too has been moving in sync with our previous analysis.
As you can see on the weekly time-frame we haven't made any major move apart from last week's breakout from the 0.282 weekly resistance which now is acting as a support.
Judging from the current momentum we could be seeing a retest of the 0.282 resistance/support which will indicate the next potential movement of XRP.
If the support holds up well, we should be underway to the next upside target - 0.327-0.33, however a break below the weekly support can take us down to .27 cents.
Taking it down to the daily, there's not much to discuss as we are on a consolidation phase for days now and still patiently waiting for a breakout. When it comes to predicting the next move, it all comes down to the 0.282 weekly support and the .30 resistance - which I will be closely monitoring for any breakouts before entering any trades.