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XRPUSD 1Hr Observation

As price has made a new low I will see if it holds the red line and rejects back up or continues and breaks. I see a rejection to make an inv head and shoulder consolidation to a possible double shoulder (left) double head and a cupped right shoulder into day 1 of G20 Summit. Overall, price spectrum is marked within the yellow dotted lines and our angular floor is marked with the red trend line. Should we break through this price, sellers can push for .42 cents which was our first wave correction after we broke out of the previously marked flag highlighted in yellow.

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