Ripple has been flagging recently with the latest pennant failing to break out into another bull run. Instead, price action has formed a cup and handle pattern which still suggests that the next bull run has just been delayed, and can be expected once price moves above the handle channel. The pattern is also confirmed by declining volume.
Using the height of the cup we can set an immediate target of 5000. If price breaks beyond that, a fib extension from the recent low and high gives us a higher target of 6400.