XRP Is Primed for a Massive Breakout. Here’s Giant Cup & Handle Target
Main Idea
Crypto analyst Xaif predicts a massive breakout for XRP, identifying a cup-and-handle pattern with a target price of $5.21, which could elevate its market capitalization to $309 billion.
Key Points
1. XRP is currently trading at approximately $3.24 with a market capitalization near $192 billion.
2. Xaif's analysis suggests a potential breakout target of $5.21, translating to a $309 billion market cap based on current circulating supply.
3. Some analysts project even higher targets, ranging from $4–$6 to $8–$11, contingent on sustained market momentum and buying pressure.
4. Liquidity dynamics and cooling U.S. inflation are cited as favorable conditions for XRP's potential upward movement.
5. Reaching long-term targets like $10+ would require significant market adoption of XRP's payments and liquidity solutions.
Description
Crypto analyst Xaif has set the XRP community abuzz after identifying a textbook cup-and-handle pattern on the higher-time-frame chart. His projection points to a measured-move target of $5.21, which, at today’s circulating supply, would translate to a market capitalization of roughly $309 billion—comfortably above the “$306B” mark he highlighted. The figure is based on XRP’s current circulating supply of about 59.31 billion coins, a number consistent across leading crypto market trackers. Where...
Latest News
- Crypto News: VET & XLM Show Massive Gains, But BlockDAG Could Reach $1 First2025-08-14 18:33:12
- TRON at $0.347, Monero in Freefall, & Cold Wallet’s Pre-Launch Power Play: Which Could Lead 2025’s Crypto Gains?2025-08-14 18:22:20
- Certified Elliott Wave Analyst to XRP Holders: Last Opportunity to Make Generational Wealth2025-08-14 18:19:40
- Analysts Back Cold Wallet in Stage 17 Presale With $6M Raised and $0.3517 Launch Price Target2025-08-14 17:17:07
- BlockDAG Races Toward $600M Presale Target! Chainlink Surges 30% & SEI Nears $0.33 Breakout2025-08-14 17:15:16