news 
Crypto Millionaire Spots Bullish XRP Cup & Handle, Sets Price Target
After months of ranging movement and uncertainty, Ripple’s XRP has presented a technical pattern that may suggest the digital asset is approaching a decisive moment. Observers have noted consistent buying pressure on the weekly timeframe, with one prominent analyst identifying what could be a powerful signal of trend reversal.
Gordon (@AltcoinGordon), a self-proclaimed crypto multi-millionaire, recently shared a chart outlining a developing cup and handle formation. According to his assessment, this structure appears to be taking shape across XRP’s weekly timeframe. If validated, the breakout target would set the stage for a significant rally.
Potentially a HUGE Cup & Handle forming on the weekly for $XRP . Breakout targeting $5.20. Are you positioned, Anon? pic.twitter.com/pCWFNY575C
Gordon’s analysis highlights a crucial level of resistance around the $3 area. A sustained breakout above this zone and confirmation of the handle formation would set the stage for XRP to potentially breach $5.2.
Solomon Odunayo
Source: timestabloid.com
