XRP- 0.4 is still my target

On my 21st of August XRP analysis, I said that after the drop-back under old resistance, which should have provided support, the coin is not looking good at all and the more likely scenario is a down continuation to 0.4 next support.
The coin, as expected, tested the old resistance from 0.55 and dropped again.
Now, we are in a small correction from the recent drop, and if/when we dive under the flag's support, a continuation to 0.4 is the most probable scenario.
In conclusion, sell rallies remain my preferred strategy and as long as the price is under 0.55 I will stay bearish.

My 21st August analysis: