XRP Gears Up for Breakout as Cup and Handle Targets $1.70
BeInCrypto
XRP is showing signs of a potential breakout, with technical patterns suggesting a climb toward the $1.70 price level.Summary
XRP is currently trading near $1.43, exhibiting signs of an imminent directional move supported by technical patterns across multiple timeframes. A cup and handle formation on the 4-hour chart suggests a potential rally to $1.70, while a rare weekly golden cross reinforces a long-term bullish outlook. Although volatility has compressed, indicators like the RSI and Fibonacci retracement levels point toward an accumulation phase that often precedes significant price expansion, provided support at $1.30 remains intact.
(Source：BeInCrypto)