XRP Cup-and-Handle Formation Nears Golden Pocket

Crypto analyst ChartNerd has identified an 8.5-year cup-and-handle formation on XRP's price chart, a pattern he describes as one of the largest macro setups currently visible across any asset.

The cryptocurrency is now nearing what traders call the 'golden pocket', the 0.618 Fibonacci retracement level at approximately $0.89, which could serve as a springboard for the next major move.

ChartNerd believes XRP's cup-and-handle formation has the potential to underpin a major long-term uprising, with price targets extending as high as $27, although this would require the golden pocket to hold at $0.89.