I don't know how hyped it was from the listing, I don't follow Ripple closely. I know that the rumour was priced in so with the news out that the rumour is false the price will most likely drop. Not to mention after the parabolic rise there is bound to at least be a correction.
I'm not a financial advisor, and can't predict the market, so don't take what I say as fact. Most of it is what I think will happen based on what I've read and what I've seen prices in general do in the past.
RE: Ripple not getting listed on Coinbase. Confirmed