XRP's Massive Cup-and-Handle Pattern Unfolds with $750-$1,000 Target
Crypto analyst Dark Defender has identified a massive long-term Cup-and-Handle pattern on XRP's monthly chart, which is now moving toward a major breakout zone.
The pattern formed over several years, from around 2017 to 2026, and is considered the 'biggest Cup & Handle ever' for XRP. Dark Defender sees a potential XRP price target of $750-$1,000 based on this structure and larger Fibonacci targets.
XRP's cup formed through its major 2017 rally, the following multi-year decline, and its long recovery. The handle formed after the 2021 peak, when XRP entered a long consolidation before starting its latest recovery.
The analyst believes this long-term structure has now completed and is looking at the Fibonacci levels above the current price to map out XRP's possible next moves. A sustained move above $1.88 could bring the higher Fibonacci levels into focus, with targets around $18.22, $74.39, and $333.12.