Usman Salis
A crypto trader has identified a textbook bullish cup pattern on XRP's chart that could send the token toward double-digit territory. With XRP currently trading around $2.65, this technical setup suggests we might witness one of the most significant rallies in recent history.
XRP Cup Formation Signals Breakout Above $3.50
The trader shared their analysis on Twitter (X), highlighting a classic cup formation with a measured move projection of +125%. The crucial level to watch is $3.50 – the neckline resistance that could unlock explosive upside potential.
If XRP breaks through $3.50 with conviction, the breakout could trigger a powerful rally toward the $7-$10 range. The trader's tweet stated: "Cuando $XRP rompa esta figura de empezará su verdadero rally " (When XRP breaks this cup formation, its real rally will begin).
XRP has been consolidating for months, building momentum like a coiled spring. The longer these consolidation periods last, the more explosive the eventual breakout tends to be.
XRP Price Target: $7-$10 by Year-End
The technical analysis points to potential gains that could triple XRP current value. Cup patterns are among the most reliable bullish formations in technical analysis, often exceeding even optimistic projections when they play out correctly.
The $7-$10 target represents gains of 164% to 277% from current levels – the kind of move that could be a portfolio game-changer. The trader expresses confidence this could happen within 2025.
For XRP holders, it's simple: watch the $3.50 level. A decisive break above this resistance with solid volume could signal the start of the fireworks. While no guarantees exist in crypto, combining this chart pattern with XRP's fundamentals makes it one of 2025's most watched assets.
Usman Salis
