Agreed, but I don't think XRP will go any lower than $1.55. It's over. From an Elliot Wave perspective, its decreasing down to $1.6 was just perfect (exact same level as last correction's deep). here's my POV:
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EDIT: btw, tomorrow DMM japanese exchange will add XRP/JPY as a tradable pair (same for BCH, ETH, etc...). This piece of news has been much awaited by the XRP community as a sign of a broadening implementation of XRP within the crypto landscape, amidst the news in relation with Seagate's investment and banks, etc, welcoming Ripple's know-how more and more.