Over the last week, XRP dumped significantly, erasing all profits and liquidating even low leverage positions. The third last red candle i think is normal retracement. It is low volume but had a significant dump. Second to the last red candle has a bit higher % dump but overwhelming volume. This is mainly because of the SEC FUD. But based on the chart, I requires more effort (volume) to dump a relatively same percentage loss. This means supply is getting absorbed by buyers and a reversal could be near. The last red candle (although it has not closed) has very small body. Price action wise, if the last candles maintain a small body, we could see a bounce.