XRP to $60? Cup, Handle, and a Dash of Lunacy!

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Well, I say, old bean, the crypto chappie known as CryptoBull has been staring into his crystal ball-or perhaps his teacup, what?-and has declared that XRP, that plucky little altcoin, is poised for a jolly good show. According to this fellow, a “Cup and Handle” pattern (sounds like something one might find at a particularly eccentric garden party) is brewing on the monthly chart, and by Jove, it’s pointing to a staggering $60. Rather ambitious, what?

In a series of X posts (formerly known as tweets, but let’s not split hairs), CryptoBull has been waxing lyrical about XRP’s prospects. He claims the downtrend is as good as done, and the coin is set to sprint into double digits like a well-trained terrier after a fox. He’s even gone so far as to suggest that XRP, not Ethereum, will lead the altcoin season. Bold move, that, rather like betting on a three-legged horse to win the Derby.

CryptoBull also had a bit of a squiz at the Relative Strength Index (RSI), noting it’s lurking below the 2020 bottom of $0.11. “Upside is huge,” he chirps, as if XRP were a chap about to inherit a fortune from a long-lost uncle. Apparently, this will hoist the price well above $10 “very soon.” One can almost hear the champagne corks popping in anticipation.

Not to be outdone, another crypto sage, Dark Defender (a name that evokes a chap in a trench coat whispering secrets in alleyways), has chimed in with his own prediction. He reckons XRP has been trundling along in an ascending trend channel since 2017, and a “W Pattern” is intersecting the Fibonacci level at $18. “Nothing can stop what is coming,” he declares, with all the drama of a Shakespearean tragedian. His chart, complete with lines and squiggles, suggests XRP could hit this target this year. Rather optimistic, don’t you think?

However, not everyone is breaking out the champagne just yet. CasiTrades, another analyst, has poured a bit of cold water on the proceedings. She notes that XRP is still facing resistance at the $1.65 level, like a chap trying to push through a particularly stubborn crowd at Ascot. The altcoin had a bit of a rally over the weekend but was promptly sent packing, leading to a sharp decline. With the price now below $1.53, CasiTrades suggests momentum is waning, rather like a deflating balloon at a child’s birthday party.

She goes on to say that, given the strength of the recent selloff, it’s unlikely the market will pivot straight into a macro Wave 3 without one more wave down to exhaust the sellers. In other words, XRP might drop to new lows before any bullish reversal. On the subwaves, she sees a potential double bottom near $1.11, with a further drop to $0.90 still on the cards. “What matters now,” she says, “is seeing strong bullish divergence and a momentum shift.” On the bright side, if XRP reclaims $1.65 and holds, it would be the first real sign of strength. Rather like a chap finally managing to untangle his cravat after a particularly spirited evening.

At the time of writing, XRP is trading at around $1.47, down in the last 24 hours, according to CoinMarketCap. So, while CryptoBull and Dark Defender are painting a picture of rosy futures and champagne fountains, CasiTrades is the voice of caution, reminding us that the crypto market is as unpredictable as a Bertie Wooster scheme.

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2026-02-18 22:34