Ripple is currently primed and ready to go, assuming BTC has bottomed out we can expect range trading. I'm expecting some serious Ripple growth over the coming days.
1) If BTC continues to breakdown, we should see $0.41-0.42 cent ripple.
2) If BTC established a range trading area, I'm expecting ripple to make its way back up towards $1.13
There's a very good chance we've bottomed out, and todays daily candle close should confirm that. Conservative traders should wait for the daily, aggressive traders could enter at this time.
Additionally, while we've all heard the rumors of the meeting today @ 10am, I wouldn't be surprised if Ripple is mentioned in some way shape or form, and if so, expect a tremendous surge.
Watch closely in the next few hours, for a break up, or down, targets of interest are listed out on the chart.
Good luck and trade safe!
Possibly run up to 1.72 is possible based on falling wedge.
Additionally, you could be correct in that we dump further towards $0.41 cents as indicated.