Not just for ripple for all of the coins we need consolidation to a healthy grow. Especially for coins like ripple which has huge volume and total supply we need it. Market had very nice bull run for a year and we were happy about it but a bear market just for a month had enough to make us panic and desperate. Just not be so easy to get bearish about market and crypto. Patients is the key. But before we go to moon again we need to refuel. Like a plane which starts flying from the ground to sky and eventually the starts descends and lands to the ground, but it does not mean that it will never fly again.It just landed for refueling and getting new passengers then it needs to run over the runway to accelerate to fly again to the new destinations. Just HODL or Day trade but do not lose your faith. Peace :)
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Looks like it is ?