It is make or break. Possible turn but also a possible weakness that a big pump and hype to reduce the buying... therefore leading to it coming down further.
Wait and see where this goes first before going into it.
Even with a BTC dump, we could see this go up nicely, depending on the ratio of altcoin market compared to BTC. Risky move but some alt-coins are beginning to trend up nicely. How long for? No idea but lower they go more upside reward.
XRP has been holding strong with the swell conference hype, but with the BTC drop it was always going to shack down with the BTC drop it had.
I'd wait for further confirmation on Bitcoin before jumping into altcoins for now though.