The pair has reached the previous top from Dec 30 and is showing some signs of weakness or exhaustion. Ether is looking strong on other pairs too right now, so it is more Eth strength than Ripple weakness one has to conclude. Price is in an uptrend and has been nicely supportedby the Cloud all the way since Dec 13. The new Yearly pivot point was traded on Jan 2 and gave good support, so overall price is looking higher and from a pivot perspective the next target stands at 0,004248 and the Yearly R1. If price retracts further from the current level, support is at 0,002823 (the lower red line). If you are buying Ripple with Ether right now, know that you are buying at resistance.