Market Strategist Sets Price Target As XRP Cup and Handle Flashes Bullish
Main Idea
Crypto analyst Steph Is Crypto predicts a bullish future for XRP based on a cup-and-handle pattern, suggesting potential price targets and key levels to watch.
Key Points
1. Steph Is Crypto's analysis highlights a cup-and-handle pattern on XRP's two-week chart, indicating a potential bullish breakout.
2. The cup formation was completed after XRP peaked at $3.39 following a breakout from $1.96, with the handle forming during consolidation below $0.55.
3. XRP's breakout in July validated the pattern, reaching a new all-time high of $3.65, with $3.5 identified as a crucial level for future price movements.
4. The analyst suggests that breaching the $3.5 level could open doors to double-digit price targets, with $30 being a significant potential gain.
5. The article includes a disclaimer noting that the content is informational and not financial advice, and it also mentions unrelated cryptocurrency news and trends.
Description
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’...
Latest News
- Analyst Says XRP Holders “Definitely Deserve to Make Money”. Here’s Why2025-08-15 15:13:42
- Market Strategist Sets Price Target As XRP Cup and Handle Flashes Bullish2025-08-15 14:08:14
- Ethereum breaks new highs! New cryptocurrency mining trends in 2025: GBR Miner leads the cloud mining profit revolution2025-08-15 13:22:14
- Pundit Predicts XRP Price When the First Wave of XRP ETFs Kicks In2025-08-15 13:10:36
- New OPTO Miner App Offers Secure, Zero-Barrier Cloud Mining on Your Smartphone2025-08-15 13:07:00