XRP is printing a textbook Double Top on the 15-minute chart with peaks at $1.4298 and $1.4417 separated by a valley at $1.3359 (neckline). Price has already broken below the neckline and is currently trading at $1.381, confirming the bearish structure is actively playing out. The outcome_projection — anchored to the best historical analogue (a prior Double Top that resolved with a clean measured-move breakdown from $1.553 to $1.445 within the same session) — projects a continuation slide toward the $1.349–$1.350 target zone. Momentum confluence is strongly bearish: RSI at 34.4 is compressing toward oversold without divergence, and MACD histogram is deeply negative at -0.0022 with signal line still rolling over — no reversal signal yet. The measured-move distance (peak-to-neckline: ~$0.083) projected from the neckline break yields a T1 target of $1.2963 (key support) and a near-term T1 of $1.3499 as the first structural objective.
