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 .

Crypto 뉴스 레터 받기
면책 조항 읽기 : 본 웹 사이트, 하이퍼 링크 사이트, 관련 응용 프로그램, 포럼, 블로그, 소셜 미디어 계정 및 기타 플랫폼 (이하 "사이트")에 제공된 모든 콘텐츠는 제 3 자 출처에서 구입 한 일반적인 정보 용입니다. 우리는 정확성과 업데이트 성을 포함하여 우리의 콘텐츠와 관련하여 어떠한 종류의 보증도하지 않습니다. 우리가 제공하는 컨텐츠의 어떤 부분도 금융 조언, 법률 자문 또는 기타 용도에 대한 귀하의 특정 신뢰를위한 다른 형태의 조언을 구성하지 않습니다. 당사 콘텐츠의 사용 또는 의존은 전적으로 귀하의 책임과 재량에 달려 있습니다. 당신은 그들에게 의존하기 전에 우리 자신의 연구를 수행하고, 검토하고, 분석하고, 검증해야합니다. 거래는 큰 손실로 이어질 수있는 매우 위험한 활동이므로 결정을 내리기 전에 재무 고문에게 문의하십시오. 본 사이트의 어떠한 콘텐츠도 모집 또는 제공을 목적으로하지 않습니다.