Please look back 4-5 ideas about the XRP H&S target I pointed out...we have found support at the nearest direct support line immediately below the drop target of the head and shoulder pattern I pointed out. We have seen a very nice bounce here at the 1 day 50ma(in orange)...still a chance that this support could fail if so the next fib line down just under this MA will likely find the ultimate bounce support if this one doesn't hold support. This one may be enough for us to continue upward however. Will need to start seeing a series of higher low/higher highs form though as of now bears have the reigns. However now that the drop target has been fulfilled on the head and shoulder breakdown the bulls may be able to steal the reigns back very soon.