Alex Dudov
XRP is drawing renewed attention after a viral bullish call pointed to extreme upside potential - but the chart itself tells a more measured story. Price is compressing beneath long-term resistance, with structure pointing to accumulation rather than breakout confirmation. STEPH IS CRYPTO flagged a much higher long-term target, though the visible setup suggests the market still has work to do before that kind of move becomes realistic.
The XRP Cup Pattern Taking Shape
The visible structure on the chart shows a large rounded cup formation developing over time.
This type of pattern typically reflects a gradual transition from bearish to bullish conditions. XRP has recovered from previous lows and is forming a broad base, with higher lows supporting the structure.
Price is compressing beneath long-term resistance - the structure points to accumulation rather than a breakout confirmation.
However, the upper boundary remains clearly defined just below the $4 level, where price has already faced rejection. Similar setups have been explored in XRP Cup and Handle Pattern Points to $36 Target, where long-term accumulation structures precede sharp expansion phases once resistance is cleared.
A Rejection Near $3-$4 That Reset Momentum
After pushing toward the upper resistance zone, XRP failed to break through and pulled back sharply. The rejection near the $3-$4 region created a lower high, shifting short-term momentum from expansion into consolidation. The current move lower appears as a rounded pullback - forming a smaller curve inside the broader structure.
The rejection near the $3-$4 region created a lower high, shifting short-term momentum from expansion into consolidation.
This reflects a pause rather than a confirmed reversal, with price now hovering near the $1.30 area. This kind of intermediate structure often aligns with scenarios outlined in XRP Price Analysis: Cup-and-Handle Pattern Sets Up Move Toward $5.85, $18, and Beyond, where multiple attempts are needed before resistance finally gives way.
- The macro trend shows recovery from prior lows
- Resistance remains firmly intact near $4
- Short-term price action is compressing after rejection
Support Holding the XRP Structure Together
The zone around $1.20-$1.40 is acting as a near-term support base. Price has reacted in this region, suggesting buyers are attempting to stabilize the market after the recent pullback. Holding this area is important for maintaining the integrity of the larger cup formation. A breakdown below it would weaken the structure, while sustained consolidation could allow momentum to rebuild for another attempt at resistance.
This behavior mirrors patterns highlighted in XRP Crypto News: Cup & Handle Pattern Points Toward $5.75 Target, where consolidation near support precedes renewed pressure on resistance.
The $4 Level That Defines the Next XRP Move
The chart makes one thing clear: the $4 region remains the decisive barrier. Until XRP can break and hold above this level, the market stays in a buildup phase rather than a confirmed breakout. Technical patterns like this often require multiple tests of resistance before resolution. The current structure suggests that XRP is still in that process, with pressure gradually increasing beneath the ceiling.
If price eventually clears this zone, the broader formation could transition into expansion. Until then, the chart reflects potential - but not confirmation.
Alex Dudov
