XRP to $0.70, then breaking upward out of channel

XRP will continue to fall to its 786 fib, where it also shares support with the MA(100) @ $0.70. Near Jan 21st, XRP will enter a TTM squeeze and break positive out of the channel upward out of the downward channel by the 23rd. It may bounce off of $1.00 and out but I would find this highly unusual and overall detrimental to the stability of the coin.

Upvote if you agree, I'm new :)