XRP Breaks out of Downard channel, will it continue up?

XRPUSD today managed to go sideways long enough for another move upward to break out of the channel and then test the upper support level. This is key, if XRP can hold above that downward support line, it can then begin to test supports at .58 .60, and .67 cents. If it fails to consolidate upward, then I'd expect it to resume its downward trend again, and look for another wave to occur.