XRP Price Set to Explode on Cup & Handle and Bull Flag

Published: 2025-08-25 18:14:06 |

Crypto analyst Dark Defender identifies multiple bullish technical patterns indicating an XRP price breakout. On the weekly chart, XRP price has formed a Cup & Handle, finishing its handle after months of consolidation. Elliott Wave analysis shows the ABC retracement complete, while Fibonacci retracement holds support at $2.85. Combined signals point to a strong breakout toward a $5.85 target. Market watchers also note a repeating Bull Flag on the weekly chart above $3, with support at $3.00 and $2.85. Previous November 2024 Bull Flag correctly predicted a rally from $1.13 to $2.40, bolstering confidence. Fibonacci extensions suggest interim targets at $3.35 (70.2%) and $4.39 (161.8%) before reaching $5.85 (261.8%). Traders should watch key levels and pattern confirmations for entry opportunities. If XRP price maintains support and breaks above the flag, the next bullish phase could accelerate. This outlook offers actionable insights for crypto traders seeking short-term gains and long-term bullish potential.

Bullish

The convergence of the Cup & Handle, Bull Flag, Elliott Wave, and Fibonacci signals creates a strong bullish case for XRP price. Historically, combined patterns have accurately predicted major breakouts, as seen in November 2024 when a Bull Flag marked a rally from $1.13 to $2.40. The current weekly Cup & Handle suggests consolidation is complete, while the handle’s ABC retracement indicates readiness for an impulsive wave. Holding key supports at $2.85 and $3.00 reduces downside risk and improves risk-reward ratios. Fibonacci extensions at 161.8% and 261.8% provide clear upside targets of $4.39 and $5.85. In the short term, traders can expect a breakout above the flag’s resistance to trigger buying momentum. Over the medium to long term, reaching $5.85 would confirm a sustained uptrend and could attract further institutional interest. This analysis implies a bullish impact on market stability and encourages traders to consider long positions while managing support levels closely.