If we look at previous movement, xrp had 7 months of sideways between 0.40$ and 0.13$ now it's possible that this effect will happen again sideways from 3.3$ and 0.55$ --------In this case we will see up trend from the begin of september! HOLD
if 0.70$ doesn't hold we will see 0.60$ DANGER possible to test low price of 0.54
IMO, first one took 7 months for settling up, because the correction was not much as compared to its rise. This one has been down to >65%, so buyers thinks it can go to $3.4 as prev High anytime.This time it may not take that much duration before jumping up.
@CaramelSpaceFrog, Yes. I am sure no one is correct in Crypto. If bitcoin gets low to unexpected level, we may get in long term bear market, which will take more than 7 months to recover. But again, its guess, opinion and uncertain things :)