Looking at 1 hour chart, Ripple has managed to break out from the descending and formed an (red lines being the lines for this channel).
It is currently forming a typical pattern, with price looking to test 0.00013 BTC level. distribution and price levels confirms the pattern too
A trade can be initiated once the price break the 0.00118
Stop loss 0.000117
If breakout fails, expect another attempt.
This was happening recently with Vibe. There was a textbook cup & handle that took over a week to form but it still never broke out of the handle. Thanks for the idea though.