Ripple #XRPUSD - still in horizontal consolidation, rally ahead?

After breaking above the downward trend line, the price of the XRPUSD cryptocurrency is still in the horizontal consolidation phase as it trades between the levels of 0.82500 - 1.07800. Consolidation lengthens over time, but is still valid, so rally towards the next level of resistance at 1.2296 and 1.38900 are still more likely than decline.
The upward scenario will be invalidated when the price unambiguously breaches the well at 0.56968.