The fundamentals of how Ripple work do not support a heavy TA approach. See for example this piece here:
https://www.forbes.com/sites/kenrapoza/2017/12/21/asians-going-mad-for-ripple-coin/#200119906422 Clearly, there is a lot of speculation going on in the market regarding Ripple. Speculation that could end disastrously for some that have no idea what the fundamentals of the market look like.
Ripple is meant as a transactional coin and it is controlled by a corporate entity that can adjust the functionality and supply distribution strategy if deemed necessary.
https://ripple.com/insights/ripple-to-place-55-billion-xrp-in-escrow-to-ensure-certainty-into-total-xrp-supply/ It was never meant as a store of value. A good store of value should not fluctuate by 60% in a short period of time. With volatility like that and a very significant supply disadvantage over other cryptos Ripple was never designed for "hodling" or speculation. This idea that people are "investing" in Ripple based on an expectation that Ripple's "users" will grow significantly is flawed since an ideal use case of Ripple involves quickly entering a transaction and exiting a transaction with no change of value through the time involved in transacting. Since Ripple's basic feature requires that there be no significant fluctuation in price for Ripple tokens during the transaction there will be no way that this kind of speculative activity will be allowed to get out of hand as it essentially breaks the functionality of Ripple as a fast, cheap, reliable form of quickly moving funds outside of the traditional bank settled system.
Imagine for example, that Ripple decides suddenly that crypto investors have lost their damn minds and decide they need to increase the supply to regain control over pricing and liquidity. Well, they don't need consensus from their users to "hard fork" or the equivalent to change the parameters of the market.
I would recommend those gambling with Ripple pay close attention to how this market works because you could be playing with fire, but just like buying futures or options if your duration is short enough then you can probably make money here without getting burned if you allocate your portfolio with attention to managing risk.