I've Actually Tried Ranked Play.....
I use Rangiku Matsumoto and have done over 20 matches on ranked play, never will go back to it again. I don't have the time or patience for Soi Fon players to keep constantly doing 65 hit combos and I have to sit up here and watch, even if I use blue reverse to back her off Soi Fon is faster than Rangiku and Rangiku's playstyle kinda sucks overall, may as well just put the controller down. Now I could just pick a cheap character and win that way but I don't like my wins being easy or handed to me on a Silver platter like most people do in fighting games these days. Besides I like playing with characters I like in the show and not just use them to get wins.
Then there are the Stark players, if this game has a deep learning curve well then I'll just stick to offline because I don't have the time for it to just keep getting destroyed for what? Yo I have so many other games to play that I have not completed yet I just simply don't have the time. So if you're new to Bleach and want to go online be ready to get completely destroyed and running into the same characters that some people have found a way to use over a 60 hit combo ALOT, you'll be just sitting there watching more than playing.
That's all I had to say about the Online play particularly ranked play in the game. The game itself I have fun with, it's cool for Bleach fans, but online? Stay away from it, it is Sweat City up there lol.