I posted last week i was looking for XRP to mimic BTCs breakout of the descending channel. Although it did break out it was not a good match. The 2 are still doing the same thing(BTCs volatility) made its hump much larger. I do not believe XRP drops back into this channel(if it does it will not be by much). XRP is oversold as of right now, good opportunity to go up to .345-.35 throughout the week/weekend.
Add your thoughts, i'm bored and like other peoples theory behind the madness.