Ripple almost reach channel down resistance, with a strong bullish candle. If $0.62460 break up, we will have a new bullish wave with a big target at $0.85352 as fibonacci 1.618 projection, but if it failed to break bullish confirmation level, our focus still at $0.59480 support level and $0.58344 fibonacci support to enter long position.
I will update this analysis if I found a new pattern or if channel down break up.
you can check my previous analysis at ripple here :
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Fibonacci support touch, target at $0.6339
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nice movement at xrp, we get low price at fibonacci support