XRP Head & Shoulders on 30m: Overbought Setup Targets Breakdown After Right…

XRP Head & Shoulders on 30m: Overbought Setup Targets Breakdown After Right ShoulderC A well-defined Head & Shoulders structure is fully mapped on XRP’s 30m chart with the Left Shoulder at ~$1.431, Head at ~$1.450, and the Right Shoulder now forming at ~$1.433. The neckline slopes slightly downward from ~$1.378 to ~$1.315, reinforcing distribution pressure. Critically, RSI is printing 74.9 — deep overbought — while MACD remains in bullish momentum but is showing histogram deceleration, a classic divergence warning ahead of a neckline break. The outcome projection, replayed from the three best historical analogs (all wins at 87–88% confidence), maps a measured-move decline toward $1.432 initially and the full target at $1.432, with the sell cascade accelerating after the neckline gives way. The pattern is actively playing out — price is currently testing the right shoulder zone and has not yet broken down, making this the optimal positioning window.