Good morning,

Price action is frustrating, but I wouldn't abandon ship now. We have a pretty clear impulse from the October low, and what followed looks corrective, so I think we still have a bullish case on our hands. But I admit XRP is a frustrating coin, with very long corrections, and it tends to be very explosive in bullish phase, but these phases are short lived. I do not think now will be different.

Let us take a look at the recent price action :

The decline is certainly looking wedgie and it can work as a triple zigzag, with only c of Z missing. So the expectation is that we'll go slightly lower, although a truncation remains possible. But when the correction finishes we should see a strong upward third wave.

Nothing is new in regards to the big picture, I have us in a fifth wave of an impulse, and right now in a 2nd wave correction of wave V. 
As stated last week the expected upside is limited for degree reasons as every subwave must stay shorter then the 3rd wave which traveled 46 cents or so. If we would happen to see a stronger upward move we might have to switch back to a diagonal count, but like I already said every diagonal in the works or completed has issues with price/time ratio.

That is all I have to say on this Sunday, I hope to see the impulse complete soon - that might be a good place to take some profits, especially if you have leveraged plays going on - as I do expect a correction at that point.

Best of luck,