A recent technical projection from crypto analyst Steph Is Crypto (@Steph_iscrypto) has put XRP back in the spotlight, with a chart suggesting a possible climb toward $30. The forecast is based on a cup-and-handle formation visible on XRP’s two-week chart, with many traders viewing this pattern as a bullish continuation signal when confirmed. XRP’s Cup and Handle Pattern The chart, posted on X, tracks XRP’s price movements from 2020 through 2025 and highlights a gradual recovery after the asset’s decline from its 2021 peak of $1.96. The asset began forming the cup as it declined from this level, and the chart shows a rounded bottom from 2021 into late 2024. In late 2024, veteran trader Peter Brandt predicted a massive move if the asset could breach $1.96 , and that run peaked at $3.39, marking a multi-year high and completing the cup formation. Following this massive breakout, the asset entered a consolidation phase, dropping below $3 in early February and remaining below that level for months. This consolidation phase formed the handle, and XRP’s breakout in July validated this multi-year pattern. The asset rose to a new all-time high of $3.65 in mid-July , and Steph suggests this confirmation has set XRP on the path to $30. The price target of this #XRP cup & handle pattern is $30! pic.twitter.com/WD5EjVdMsl — STEPH IS CRYPTO (@Steph_iscrypto) August 14, 2025 Technical Significance of the $3.5 Level From a technical standpoint, the cup-and-handle pattern is typically interpreted as a sign of renewed bullish sentiment after a prolonged accumulation period. In this case, the rounded base spans several years, adding weight to the potential move if the pattern plays out fully. The recent breakout above a multi-year trendline, shown in the chart as a dotted diagonal, is another factor reinforcing the bullish projection. While the asset’s all-time high of $3.65 is a crucial level that could open doors to double-digit prices , Steph’s chart also highlights $3.5 as a notable resistance for the cup and handle formation. The asset is currently trading at $3.08 and will need to regain the $3.5 level to ensure the surge to $30 happens. While chart patterns do not guarantee outcomes, traders often monitor them closely for directional bias. The magnitude of this particular $30 target would represent a significant gain, and many analysts have shared bullish short-term expectations for the asset, reinforcing the belief that something big is coming. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. The post Market Strategist Sets Price Target As XRP Cup and Handle Flashes Bullish appeared first on Times Tabloid .
