Analyst Predicts XRP Big Pump In Next 48 Hours Based This Big Signal

Momentum is building around XRP after a chart from crypto analyst Maxi (@Maxi_Dec2020) points to a potential breakout within 48 hours.

His chart, set on the 4-hour timeframe, focuses on a cup & handle pattern, suggesting that a resolution could lead to a big pump for XRP.

XRP is trading near $1.45. Its price has formed a rounded bottom stretching from mid-March into mid-April. This curvature shows a gradual shift from selling pressure to accumulation.

The structure completes the “cup” portion of the pattern. A smaller pullback followed at the end of April, creating the “handle” just below a key resistance band.

Key Resistance Level in Focus

The highlighted resistance zone sits around $1.45 to $1.50. XRP has tested this region multiple times. Each test adds weight to its significance. The handle formation occurs directly beneath this ceiling, which aligns with textbook pattern behavior. Traders often watch for a decisive breakout above this level to confirm continuation.

Maxi’s projection includes a sharp upward move once the price clears resistance. The chart shows a vertical path extending toward $1.7. This target aligns with the measured move technique, in which traders project the cup upward from the breakout point.

Structure Supports Bullish Continuation

The rounded base signals sustained accumulation. The asset gradually climbed from near $1.28 to its current levels. This steady rise shows increasing demand. The handle forms as a short consolidation phase. It reflects temporary profit-taking without disrupting the broader trend.

The price structure suggests tightening conditions. The narrowing movement within the handle indicates reduced volatility before expansion. Traders often view this setup as a precursor to a strong directional move.

Short-Term Outlook for XRP

A confirmed breakout above $1.5 would validate the pattern. It would also open the path toward $1.7, as shown in the chart. This move could also open the door to much higher targets above $2. Price action near this resistance remains critical. A clean move above it would likely attract momentum traders and increase buying pressure.

The timing highlighted in Maxi’s post emphasizes the next 48 hours. This window aligns with the current compression phase, and Maxi is convinced that XRP is preparing for something big. The asset continues to hover just below resistance, maintaining pressure on the level.

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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