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Legal play....there are no rules on the direction the ball has to go on a dribble even though the traditional dribble has the the ball always going down.
The NFHS rule's wording is slightly different and I think it is also what the FIBA rule you cite is intending to say.
Since your rule says, "during a dribble", that means there is some element that can occur even after the dribble has started. In the case of the NFHS, with its slightly different wording, it is also legal for a player to bat (but not throw) the ball UP (into the air) with their hand underneath as long as they let it hit the floor or another player before touching it again.
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