Home » Crypto Bits
XRP forms a cup and handle pattern near $1.91, with analysts watching $3.65 resistance for a possible breakout toward the $5.00 level.
}
function loadTrinityPlayer(targetWrapper, theme,extras=””) {
cleanupPlayer(targetWrapper); // Always clean first ✅
targetWrapper.classList.add(‘played’);
// Create script
const scriptEl = document.createElement(“script”);
scriptEl.setAttribute(“fetchpriority”, “high”);
scriptEl.setAttribute(“charset”, “UTF-8”);
const scriptURL = new URL(`https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}`);
scriptURL.searchParams.set(“pageURL”, window.location.href);
scriptEl.src = scriptURL.toString();
// Insert player
const placeholder = targetWrapper.querySelector(“.add-before-this”);
placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling);
}
function getTheme() {
return document.body.classList.contains(“dark”) ? “dark” : “light”;
}
// Initial Load for Desktop
if (window.innerWidth > 768) {
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),’&autoplay=1′);
});
}
}
// Mobile Button Click
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),’&autoplay=1′);
});
}
function reInitButton(container,html){
container.innerHTML = ” + html;
}
// Theme switcher
const destroyButton = document.getElementById(“checkbox”);
if (destroyButton) {
destroyButton.addEventListener(“click”, () => {
setTimeout(() => {
const theme = getTheme();
if (window.innerWidth > 768) {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if(desktopWrapper.classList.contains(‘played’)){
loadTrinityPlayer(desktopWrapper, theme,’&autoplay=1′);
}else{
reInitButton(desktopWrapper,’Listen‘)
const desktopBtn = document.getElementById(“desktopPlayBtn”);
if (desktopBtn) {
desktopBtn.addEventListener(“click”, function () {
const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”);
if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,’&autoplay=1’);
});
}
}
} else {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if(mobileWrapper.classList.contains(‘played’)){
loadTrinityPlayer(mobileWrapper, theme,’&autoplay=1′);
}else{
const mobileBtn = document.getElementById(“mobilePlayBtn”);
if (mobileBtn) {
mobileBtn.addEventListener(“click”, function () {
const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”);
if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,’&autoplay=1′);
});
}
}
}
}, 100);
});
}
})();
Summarize with AI
Summarize with AI
Ripple’s token is trading around $1.91 at press time, with a 24-hour trading volume of over $2.3 billion. It has declined 2% in the past day and 8% over the last week. As traders monitor key support levels, new technical setups are gaining attention, including a chart pattern that may signal a move toward $5.00.
Breakout Watch as XRP Forms Cup and Handle
Analyst DrBullZeus shared a chart showing a large cup-and-handle pattern on the 2-week timeframe. This structure, forming over several years, shows a rounded base beginning in 2018 and a handle now developing below the all-time high of $3.65.
The pattern is not yet confirmed. For it to trigger, the price must break above the $3.65 resistance. If that happens with strong momentum, the projected move would place XRP near the $5.00 mark.
Moreover, a separate view from ChartNerd focuses on a long-term ascending triangle. This setup features rising support and a flat ceiling near the same resistance level. XRP has formed higher lows since 2018 and is now testing the 20-month EMA, a trend level watched by many traders. ChartNerdTA said this point could define the next move.
While price stays above support, the structure remains intact. A drop below could shift the outlook.
On a lower time frame, XRP appears to be forming a falling wedge. The setup includes a clear downtrend, with the price compressing between support and resistance. ChartNerd marked $1.80 as a key level to watch, calling it the “Defence Rail.”
You may also like:
If XRP holds $1.80 and breaks above the wedge resistance, the pattern may lead to a short-term rebound. A projected move shows the asset moving back toward the $2 range if confirmed.
Sentiment Weakens, But Volume Remains Aligned
XRP has entered a zone of elevated fear, based on recent sentiment data. Retail traders have turned cautious, with a decline in bullish commentary. Historically, similar periods of pessimism have appeared near market turning points, although price recovery is not guaranteed.
CryptoQuant observed a 0.61 correlation between price and net volume flows on Binance, as we previously reported. This suggests the price is still moving in line with actual trading activity. Meanwhile, XRP ETFs attracted $2.09 million in net inflows on January 22, according to SoSoValue.
SECRET PARTNERSHIP BONUS for CryptoPotato readers: Use this link to register and unlock $1,500 in exclusive BingX Exchange rewards (limited time offer).
Source: https://cryptopotato.com/ripple-breakout-watch-this-xrp-pattern-signals-5-target/
