XRP had previously completed the correction of its first impulsive move. Now, it has also completed the correction of the second impulsive leg. The current target for XRP stands around the $3.15 zone.
However, before reaching that level, it first needs to break through the $3.00 resistance area, which previously acted as a strong support/resistance zone. If XRP fails to gain enough volume and momentum for a strong breakout, there is a risk it may reverse from this level, potentially forming a double top pattern.
Because of this uncertainty, I do not recommend taking a long or short position on XRP at this stage.