XRP has captured attention with a chart formation signaling significant upward potential. Crypto analyst Steph Is Crypto (@Steph_iscrypto) drew attention to a cup and handle pattern on the monthly XRP/USD chart from Bitstamp. This pattern is generally considered a bullish continuation signal. According to Steph, this pattern could send XRP to double digits once it plays out. The chart depicts a prolonged consolidation period from 2021 through 2024, followed by a massive breakout at the end of that year and subsequent pullback forming the handle. This setup suggests a potential acceleration in XRP’s price once the breakout point near $3.65 is confirmed. Steph’s analysis reinforces that the asset remains positioned for considerable gains if market momentum aligns with the technical formation. $XRP Cup and Handle formation. Price target: $30 pic.twitter.com/skNiWldVmW — STEPH IS CRYPTO (@Steph_iscrypto) February 26, 2026 Technical Structure Points to Upside The cup and handle formation shows a rounded bottom followed by a smaller retracement. The cup extends from early 2021 to late 2024, in which XRP consolidated near the $0.30-$0.80 range. The subsequent upward movement in 2023 established a higher peak close to $3.20, forming the cup’s right side. Following this move, XRP experienced another notable climb, reaching a new all-time high of $3.65 in July 2025 . However, the handle formation pulled it down, and the asset currently trades near $1.4 after an extended consolidation phase. XRP is now testing the bottom of the handle formation, and a quick breakout toward the neckline could kickstart the asset’s next move. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Where is XRP Going Next? The chart’s monthly timeframe adds weight to the potential breakout. Larger timeframes generally filter out short-term noise , emphasizing sustained trends. XRP’s consolidation and subsequent handle formation show a clear base of support, reducing the likelihood of immediate downside. XRP’s technical setup suggests it remains strong to test higher levels. Immediate resistance lies near $3.65, with support around $1.50 to $1.80. The cup and handle formation supports a bullish trajectory if the breakout is confirmed. Steph’s analysis positions XRP for a substantial upward move targeting $30 . The combination of a clear pattern, defined support levels, and a concrete price target makes this setup one of the most closely watched formations for XRP. If the breakout aligns with market momentum, XRP could experience accelerated gains, positioning it for a strategic path toward $30. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post Analyst Spots XRP Cup and Handle Formation, Sets Price Target appeared first on Times Tabloid .