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XRP's Huge Move Explained?

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Why did XRP dip? It's a great coin and has no reason to be priced at 0.3 usd.
I see huge potential in XRP, in both price and utility.

The recent MASSIVE dip could just have been a retest of a long term trend line that was broken? Breaking that trend line caused an explosive spike that REKT all shorts on the 14th of May this year.

Could this just have been a retest?
Does the chart speak bullish to me?
Yes on both of those questions if you would ask me.


Goodluck!

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