Crypto analyst CryptoBull has stated that the cup-and-handle pattern on XRP has completed, pointing directly to a $7 price target.
The analyst shared an XRP chart against the U.S. dollar on Bitstamp, showing the structure forming over several months. His post emphasized that the technical setup is intact and that the price level of seven dollars is the next target based on this development.
What the XRP Chart Says
The chart attached to the tweet displayed XRP on the daily timeframe, with the 200-day moving average included for reference. A rounded base was drawn to illustrate the cup formation, followed by a smaller rounded pullback marking the handle.
The chart caption stated “XRP $7–$8 NEXT,” aligning with CryptoBull’s comment that the next move is toward the $7 range. At the time of the screenshot, XRP was trading near the $3 level, with price action positioned above the 200-day average after forming the pattern.
#XRP Cup&Handle pattern completed. Next stop is $7. pic.twitter.com/QjpR3A34xx
— CryptoBull (@CryptoBull2020) August 25, 2025
Reaction from the Community
The post also featured a reply from a user identified as Lloyd, who offered a contrasting view. Lloyd wrote that “Charts mean nothing. It will reach $7.00 when they allow it to reach $7.00. Retail lives in manipulation land now. Best to hold. what will be will be….”
His response challenged the predictive value of chart patterns, suggesting that external control and market dynamics are stronger factors than technical analysis. He concluded that holding is the best approach rather than trading based on formations.
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— TimesTabloid (@TimesTabloid1) June 15, 2025
Context of the Tweet
CryptoBull’s message was clear and straightforward, focusing solely on the completion of the cup-and-handle and its projected outcome. The post did not include additional analysis on timeframes, invalidation points, or fundamental drivers. The reliance was strictly on the technical structure as justification for the $7 target.
The chart itself reinforced this point visually, highlighting both the long base of the cup and the shorter consolidation of the handle. The additional community response from Lloyd raised skepticism, noting that control over markets matters more than technical structures. The tweet, therefore, conveyed both the analyst’s bullish technical expectation and a critical counterpoint that emphasized caution and patience.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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