XRP Eyes Critical Price Level as Cup-And-Handle Breakout Looms

XRP has entered another crucial phase following its August rally, with the weekly chart indicating a possible cup-and-handle breakout. According to The Crypto Basic, this structure suggests that the recent decline may be a retest of this breakout.

The article states that XRP must defend its current price level to maintain the bullish vision alive amid the ongoing pullback. This is based on the idea that the recent decline could be a retest of the cup-and-handle breakout.