TimesTabloid
2025-09-01 04:07:00

XRP Flashes Cup and Handle Pattern. Here’s the Next Target

Steph Is Crypto (@Steph_iscrypto), a well-followed analyst on X, shared a chart outlining what he identifies as a developing cup and handle pattern for XRP. The post highlights the technical setup that traders often associate with long-term bullish continuation. The cup and handle pattern is a chart formation that typically indicates consolidation followed by a potential breakout. It consists of a rounded bottom resembling a cup, followed by a short-term retracement forming the handle. In classical analysis, the breakout from the handle can lead to a continuation of the prior uptrend, with measurable price targets based on the depth of the cup. In Steph’s chart, XRP’s price has carved out the rounded bottom over several months, culminating in a neckline that marks the upper boundary of the pattern. The handle, forming just below this neckline, suggests a period of consolidation before any potential move higher. #XRP Cup and Handle! pic.twitter.com/pECeBwiwCQ — STEPH IS CRYPTO (@Steph_iscrypto) August 31, 2025 How the Pattern Formed Looking at the chart, the cup portion began developing after XRP’s decline in February. The asset faced pressures due to the Trump administration’s tariff policies and fell below the $3 level in early February . The asset struggled below this level for another few months, declining further and reaching its lowest point of 2025 in April. Following this, a gradual buildup began as XRP formed the rest of the cup. This move culminated in a rise to a new all-time high of $3.65 in July. In early August, the asset began facing bearish pressure again, losing the $3 support once more . This bearish pressure formed the handle, and XRP’s decline over the past few days has confirmed the handle formation, completing the pattern. XRP is currently trading at $ 2.80, and the chart indicates that it has reached a crucial support level that could trigger a significant rebound and confirm a breakout from this pattern. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 XRP Potential Targets If XRP were to break out as outlined in the chart, the projected move could be significant. The technical measurement for the pattern generally involves applying the depth of the cup to the breakout point. In this case, the chart shows that XRP could reach $7 . This move represents a 150% increase for the digital asset, with the potential for further growth, as reaching that level will require breaking through multiple resistance levels and building incredible momentum. The structure highlights both the resilience of XRP at higher price ranges and the potential for a substantial upside if resistance is broken, and all XRP has to do is close above the handle and maintain that momentum. 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 Cup and Handle Pattern. Here’s the Next Target appeared first on Times Tabloid .

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