Will we finally break out of the downwards movement?

For a few days now we have bounced off this trendline. Breaking it decisively might turn it into a major support level, while bouncing off might indicate a further drop to the downside to test the .236 fib line which we never backtested.
What are your thoughts?
Chart PatternsTechnical IndicatorsTrend Analysisxrpxrpusd

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