news 
XRP Flashes Classic Cup and Handle Breakout Pattern. Here’s the Next Stop
By Solomon Odunayo August 22, 2025
Crypto enthusiast QuantumFox has recently shared a chart that highlights a classic cup and handle breakout pattern on XRP, with the analyst suggesting that the next stop for the cryptocurrency would be $10.
The chart in question illustrates a rounded cup formation, which transitions into a downward-sloping handle-shaped consolidation. The descending trendline compressing recent price action is marked, while a shaded purple box highlights a support region within the upper $2 range. A rising trendline also intersects this area, indicating that XRP continues to trade within a narrowing range while respecting higher lows. This technical structure emphasizes that XRP remains within a setup often interpreted as bullish continuation, with a breakout from the handle potentially suggesting significant upside.
The analysis highlights an upward-sloping trendline that converges with recent price action near $2.70-$2.90, representing key support levels for the cryptocurrency. The chart further demonstrates that this region is marked by prior resistance that has recently been retested as support, reinforcing the argument that the overall pattern remains intact.
A breakout above the descending resistance line of the handle would confirm the pattern and justify the projection of higher targets.
Source: timestabloid.com
