XRP Cup-and-Handle Pattern Suggests Potential Rally to Double Digits
A market analyst has identified a multi-year cup-and-handle formation in XRP that began in 2018, with the cup completing during mid-2025 and a handle forming since. The pattern suggests potential upside if XRP holds support levels around $0.70-$0.90, though the analyst expects initial rejection near $1.60-$1.80.
Key Takeaways
- 1## Multi-Year Pattern Identified Market observer ChartNerd highlighted a cup-and-handle formation spanning from 2018 to present, noting that the pattern completed its cup phase during the mid-2025 rally and has been forming the handle since XRP reached its recent all-time high.
- 2According to the analyst, the formation carries "significant macro future upside potential waiting ahead" if price structure holds key support levels.
- 3## Support Levels and Handle Formation The analyst identified the $0.
- 470-$0.
- 590 price zone as a potential bottom for the handle, where the 0.
Multi-Year Pattern Identified
Market observer ChartNerd highlighted a cup-and-handle formation spanning from 2018 to present, noting that the pattern completed its cup phase during the mid-2025 rally and has been forming the handle since XRP reached its recent all-time high. According to the analyst, the formation carries "significant macro future upside potential waiting ahead" if price structure holds key support levels.
Support Levels and Handle Formation
The analyst identified the $0.70-$0.90 price zone as a potential bottom for the handle, where the 0.50 Fibonacci retracement level converges with historical support. Over the past nine years, a Gaussian Channel has marked a strong confluence area where XRP has retested three times within the cup formation and identified the 2017 cycle low. ChartNerd previously suggested that rejection from the $1.60-$1.80 range would likely drive XRP toward the $0.70 cycle bottom later in the year, as that zone represents prior macro resistance.
Recent Price Action
XRP declined nearly 8% after being rejected from the $1.55 resistance level on Thursday, continuing its consolidation below this barrier. The rejection underscores the technical hurdles near-term price faces before any sustained rally can materialize.
Why It Matters
For Traders
XRP support near $0.70-$0.90 offers a defined risk zone for contrarian entries; rejection above $1.60 would confirm the bearish near-term thesis.
For Investors
A multi-year chart pattern carry little predictive weight without confirmatory on-chain or fundamental catalysts; treat it as one signal among many.
For Builders
XRP price action has no direct bearing on protocol development or network utility; focus remains on product delivery independent of speculation.
