XRP Price Analysis: Cup-and-Handle Pattern Sets Up Move Toward $5.85, $18, and Beyond

⬤ The 3-month XRP/USD chart shows the rounded cup base, a defined handle, and a marked breakout zone. Price is now sitting on a clear support band after clearing that breakout area, compressing just above it. That kind of post-breakout consolidation is a familiar setup XRP Nears 7-Month Downtrend Breakout, 40% From Key Resistance Level covered a similar dynamic, where higher timeframe tightening came right before the next expansion leg.

The third major blue arc on the chart is being prepared for an advance toward higher Fibonacci targets.

⬤ The Fibonacci extension targets plotted on the chart give a clear road map: 261.8% at $5.85, 361.8% at $18.22, 423.6% at $36.76, and 461.8% at $56.73. Each level marks a potential zone where price could stall or react if the arc-driven advance plays out. For context on how these projections fit into a longer timeline, XRP Targets $8, $13, and $27 as Fibonacci Roadmap Extends to 2030 outlines the full long-term Fibonacci scenario.

⬤ Right now, XRP is at a macro inflection point. Holding above the current support band keeps the continuation setup alive. A break below it would push the projected extension path back and shift the structure into a longer consolidation phase. Given the sheer size of this pattern, how it resolves could move broader sentiment across the crypto market in a meaningful way.

XRP1,12%
Halaman ini mungkin berisi konten pihak ketiga, yang disediakan untuk tujuan informasi saja (bukan pernyataan/jaminan) dan tidak boleh dianggap sebagai dukungan terhadap pandangannya oleh Gate, atau sebagai nasihat keuangan atau profesional. Lihat Penafian untuk detailnya.
  • Hadiah
  • Komentar
  • Posting ulang
  • Bagikan
Komentar
0/400
Tidak ada komentar
  • Sematkan

Perdagangkan Kripto Di Mana Saja Kapan Saja
qrCode
Pindai untuk mengunduh aplikasi Gate
Komunitas
Bahasa Indonesia
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)