- XRP trades around $3.01, down 2% in 24 hours.
- Analyst CryptoBull sees a bullish cup-and-handle pattern targeting $7–$8.
- Support sits at $2.90–$3.00, while $3.80 remains the key breakout barrier.
XRP is treading water around $3.01 today, slipping a little over 2% in the past 24 hours. It hasn’t made any major moves lately, but the fact that it’s holding steady near this level keeps traders on edge. With the wider market moving quiet too, any bold rally predictions stand out even more than usual.
One of the louder voices is analyst CryptoBull, who shared a chart pointing toward a possible XRP surge to the $7–$8 range in the coming weeks. That’s a pretty ambitious target with the token still capped under $4, but the pattern he highlights is a familiar one—and it’s got people talking.
The Cup-and-Handle Setup
On the daily chart, XRP has carved out what looks like a textbook cup-and-handle formation. The rounded bottom stretches back through late 2024 and into early 2025, reflecting a long consolidation after earlier rallies. Over the summer, XRP climbed near $3.80 before pulling back, and the current sideways action is shaping the “handle” of the setup.
This formation tends to be bullish. If XRP can break above $3.80 with conviction, the measured move from the pattern points significantly higher. That’s where CryptoBull’s $7–$8 projection comes from—a doubling or more if the structure plays out cleanly.
Key Levels in Play
For now, the picture is more grounded. The $2.90–$3.00 range is acting as near-term support, with buyers stepping in every time price dips into that zone. Losing it would warn that momentum is fading. On the flip side, $3.80 is the line in the sand. Traders will want to see a strong daily close above that level, ideally with heavy volume, before treating the higher targets as realistic.
XRP isn’t breaking out yet, but the structure is there. Whether it turns into another rally or just more chop will depend on how it handles these critical levels in the days ahead.
