TimesTabloid
2025-08-22 08:43:46

XRP Flashes Classic Cup and Handle Breakout Pattern. Here’s the Next Stop

Crypto enthusiast QuantumFox shared a chart identifying what he described as a “classic cup and handle breakout pattern” on XRP, adding that the next stop is $10. The chart he attached illustrates a rounded cup formation that transitions into a handle-shaped consolidation. The handle is marked by a descending trendline compressing recent price action, while a shaded purple box highlights a support region in the upper $2 range. An upward-sloping trendline also intersects this area, indicating that XRP continues to trade within a narrowing range while respecting higher lows. The structure emphasizes that XRP remains within a technical setup often interpreted as bullish continuation, with a breakout from the handle suggesting the possibility of significant upside. Classic cup and handle breakout pattern on $XRP Next stop $10 pic.twitter.com/OrOnoaLsTO — QuantumFox (@QantaFox) August 20, 2025 Structure of the Pattern The visual analysis shows XRP advancing strongly after forming the rounded cup before consolidating in the form of a downward-sloping handle. The shaded support zone suggests that buyers are defending levels around $2.70 to $2.90, keeping the overall formation intact. The dotted horizontal line through the chart reflects previous resistance near $3, which has recently been retested as support, reinforcing the argument that price structure is holding firm. In QuantumFox’s view, a breakout above the descending resistance line of the handle would confirm the pattern and justify the projection of higher targets. Reinforcement From Broader Technical Narratives QuantumFox’s $10 projection aligns with broader bullish commentary from other analysts. A Times Tabloid report recently referenced analysis by market strategist Steph Is Crypto, who argued that XRP is in the middle of a three-phase breakout sequence. According to that report , the first rally followed consolidation in mid-2024, while the second breakout drove XRP sharply higher into 2025. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Steph suggested that XRP is now approaching the third and largest breakout phase. His chart analysis noted that XRP has flipped former resistance near $3 into confirmed support, which he described as a significant technical signal. Based on this structure, he argued that XRP’s trajectory toward $10 and beyond is now “unavoidable.” Implications of the $10 Target Both QuantumFox’s chart and Steph’s broader analysis converge on the idea that XRP’s current structure favors continuation rather than reversal. The cup-and-handle formation is frequently viewed as a reliable signal of trend strength when accompanied by sustained support. The defense of the $2.70–$2.90 region and the maintenance of higher lows serve as technical validation for this outlook. Should XRP confirm a breakout from the handle, the next target suggested by QuantumFox and supported by Steph’s multi-phase breakout analysis is $10. 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. Follow us on X , Facebook , Telegram , and Google News The post XRP Flashes Classic Cup and Handle Breakout Pattern. Here’s the Next Stop appeared first on Times Tabloid .

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