Chart Nerd Disputes XRP's Bullish Target, Points to Realistic Cup & Handle Targets

Renowned chart analyst Chart Nerd has been vocal about the XRP price movement, refuting speculation that there's a Cup & Handle setup leading to a $750 target. Instead, they point out an 8-year Cup & Handle pattern based on Gaussian Retest and Fibonacci Retracement levels.

The bullish pattern requires XRP's price to cross $3.30, a level untouched since August 25, 2025. Chart Nerd emphasizes that this is the correct target, not the manipulated triple-digit targets circulating online.

The technical price chart analysis indicates that the Cup & Handle pattern was established in 2018 and has three outlined targets: $8.47, $13.69, and $27.30. These targets are based on Fibonacci levels, with the first target aligning with the 1.27 Fib level and the other two at Fib 1.41 and 1.618.

On the other hand, if XRP's price takes a downturn, there are two primary support areas: $0.89 (Fibonacci 0.50 level) and $0.64 (representing the 0.618 level). The red Gaussian Channel also acts as dynamic rising support, with past successful retests shown in multiple green dots.