This week's spike in XRP's value was due to a massive spike in volume, most of which occurred in South Korea.
https://themerkle.com/xrp-price-en-route-to-a-new-all-time-high-thanks-to-korean-traders/So far, it appears that XRP is stabilizing above the previous flat level it was at $0.15, which is a good sign.
Regardless, I agree with people here who say that XRP is a long term hold. Very few coins have the potential real world application of Ripple, and even fewer have actually taken concrete steps to realize that potential.