XRPUSD De Ja Vue, Here we go again?

I was really excited to see XRP bounce up to the .60 cent mark earlier in the week, however, the bears have held their resistance level and apparently XRP has resumed its movement establishing a new downward channel. I am not expecting it to go down as far as last time, but if this pattern establishes, there could be a potential short term buy/sell opportunity present. Eerily the support and resistance marks I drew earlier last week, seem to reprise their roles if this pattern resumes.

Am I crazy? Or is this just another such move?