Ripple crash or buying opportunity?

Many traders and hodlers worry about their Ripple due to its massive bear movement this week.
In my view, supported by own technical analysis, this was just a correction to the trendline which started with the big bullish movements on Dec 13th.

The fact that the graph bounced straight up from the trendline (~20%) makes me think the correction has been completed. The graph now provides a big buying oppurtunity. After this low, a new high is achievable in some weeks, as I see it.