In the middle we can see a curved support line, which is something i thing that should be watched closely. Because if that blue line breaks (with some margin) we could see it drop to the lows again. If we do break that big resistance around 0.33, we should see a big jump up, together with some decent . If it will be a small breakout, it will be very likely again to see it getting sold again.
On the left we can see another big resistance around 0.4, if that one breaks, i think the low might be set. short term, think that triangle is something to follow.
I know the chart looked a bit bearish (the btc pair), i posted a big bearish wedge myself 3 months ago, but it has not been really dropping. Like a slow steady controlled drop. Could be noise, maybe some of you who know more about this, please share.
Anyway, on the right it seems a legit channel has been formed now. Can't make anything else about XRP now, but seeing bearish movement is more likely. Anything below 32.5/32.7 remains clearly in favor of the bears.
I firmly believe XRP will go sideways brewing for a little while then BAM
I think that expiration plays a very big part in this. So i expect a BAM as well coming month or so.