We published an article 2 days ago when Ripple was likely overbought @ $0.40 and has been driven predominately by pure hype and speculation with little fundamental basis. Since then XRP has fallen about 10%.
Read More: http://coindicator.com/ripple-overbought-overpriced-overvalued/
Update: I anticipate XRP will likely fall further rather than move up and break new highs in the near term. In addition, I expect the negative correlation between many of the alt coin and XRP to persist throughout the week.
Disclosure: I am not a financial adviser and do not currently hold any XRP.