TP = 0.35277 hit as the 1D Channel Down on XRPUSD(RSI = 27.971, MACD = -0.046, Highs/Lows = -0.0406, B/BP = -0.0848) aggressively moved to a Lower Low near December's 12th, 2017 low = 0.24321. The blue dotted line represents the Lower Lowe supporting trend-line from the previous two Lows and shows that a bounce may be gearing up. Within the Channel Down, the Lower High is limited to 0.35277, so in any case the trend remains bearish on Ripple and so do we with a new short (TP = 0.19914, December 08, 2017 low).
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