XRP has been consolidating within the bottom half of this channel for the last three months and this cannot continue. That is because price consolidates to get prepared for an impending impulse move. Time will tell if we get a capitulation to grab all the liquidity in the very bottom trend line. The weekly candle did close finding support on the .618 support as well as trend line. Lower time frames are also holding support as well at around .709. I believe a push to break resistance will happen before any downside movement would potentially happen, based on the strength i see on lower time frames. Beautiful parabola beginning to form on low time frames.