This seems unlikely given the spike we just had, but is certainly plausible.
There is bullish sentiment in crypto, and XRP is a cheap 'major' coin.
And of course, we all know it has its own bubble phases, about 2 a year.
So maybe it is due for another bi-annual bubble, and this could be the start of it?
Unlikely as it may seem, if it starts to behave in this manner (smaller EW waves and Fibs confirm smaller moves), then it would be good to have the road map.