XRP bleed to .25

We've lost the high currently following the same cycle as BTC. We closed out of the wedge on the daily yesterday and had the re-test of that wedge today. Expecting a bleed down to .25 to test start of trend, which is also confluent with the trend line of this entire cycle (lower yellow line), before continuation and possibility of creating a new high. We may bounce of the .51 and re-test this range high at 1.2 but I'm more inclined to see a bounce off the .51 into a rejection on the swing of this range around 0.64 then bleed down to .25 until we break the downtrend.