Ever since XRP was rejected by the $1 resistance, the price went through a continuous decline which was exacerbated by the market crash on Saturday. The assistance at $0.89 was become resistance throughout the crash, and the next essential assistance level is found at $0.75.
In spite of this unpleasant downtrend, XRP’s cost action appears to indicate that the bulk of this correction might approach completion. Particularly since the downwards momentum is losing strength, and each subsequent red everyday candle after the crash was smaller. Today’s candle light, even if red, could be analyzed as a bullish hammer, which is a turnaround signal.