It can be seen much better on the 3 minutes chart ... triangle in a down trend, head and shoulders (actually forming at 2 levels) ... main neckline and support at previous ATH, $1.10
Note
A few hours later, it came close to the original target of $1.22 ... ATH for XRP $1.24950; we can see the consolidation level, $1.10 (the previous ATH, in line with a previous idea of mine about what really happened with the price of XRP for the past 2 days) We have a very nice major bearish divergence, twice:
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