XRP has done it's "A" wave of the "ABC cycle", we can expect a little upwards movement and a big sell off after that, I sold most my ripple but I am holding 15% for the long run.
Bearish movement? Is losing 40% of your value bearish? No shit.
webmonkey
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Perhaps. I don't agree with your Elliot wave lines though. I'd have drawn them from the start of that big leg up. Price in USD did dip below the 50% fib retracement line, so that's already a pretty good correction, but it could go lower into the 61% ($1.40) and I think that would be the lowest. It's shown really good support at these low levels and price has bounced up very sharply.
The other thing to keep in mind is the news. It just takes one anouncement to make it shoot up (or down), so at this point I'm still holding my entire position in XRP. I'm looking at this pretty long term though.
doxigo
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So you simply won't share a tinyURL to a file :) that's just not a cool way to promote a malware