Alright, folks—let’s talk XRP. It recently reclaimed that oh-so-sweet $3.6 level, only to slow down like a reality star after a season finale cliffhanger. But here’s the twist: someone noticed a “Cup and Saucer” pattern on the charts. It’s like the universe saying, “Hold on, you haven’t seen the real show yet!” Because apparently, this pattern isn’t even fully formed yet. So maybe, just maybe, this slowdown is just a pit stop on the road to a breakout. Because if you believe in charts, you might as well believe in fairy godmothers. (Who doesn’t love a good crypto fairytale? 😉)
Why the XRP Rally Isn’t Calling It Quits
Enter Cryptinsightuk—the guy who’s taken to X (formerly Twitter) to share his two cents. After a double rejection at the $3.65 level (sound familiar? It’s like that one date who never seems to commit), the charts are still putting in higher lows. And that, my friends, is bullish. Despite the resistance acting like a wall, the pattern suggests that we might be in for a continuation rather than a breakdown. Because in crypto land, a little resistance is just another opportunity to say, “I told you so!” And let’s be honest: if charts are worth anything, then maybe, just maybe, XRP’s still got some tricks up its sleeve.
According to our dear Cryptinsightuk, even with the rejections, the price has managed to keep climbing—like that one friend who always lands on their feet. And because it’s now above its previous highs, it’s leaning more toward a continuation pattern than a total meltdown. So if this pattern holds up (and let’s face it, charts are about as reliable as a politician’s promise), then the next big move is to break through that stubborn $3.65 resistance. And if it does, we’re looking at a return to new all-time highs above $3.8. Because nothing says “I’m back” like hitting a record high. (Unless, of course, it’s just another twist in the crypto soap opera. 🙃)
Other Reasons to Keep the Champagne on Ice
Oh, and because why settle for just chart patterns when you can have some real-world excitement too? Besides the chart antics, there are some bullish developments in the altcoin world. For instance, the SEC recently approved the Bitwise 10 Crypto Index Fund—which, by the way, includes XRP. Although it’s now under review (because nothing in crypto is ever simple), it’s still a sign that institutional investors might soon be flocking to join the party. And let’s not forget the first XRP ETF was approved last week. That’s like the crypto version of a reality TV reunion—everyone’s suddenly back and things are looking up.
Grayscale isn’t sitting this one out either; they’re waiting to convert their Grayscale Digital Large Cap Fund (which also includes XRP) into an ETF. So if all goes well, we might soon see XRP getting the institutional love it deserves. Because if there’s one thing we know about Wall Street, it’s that they’re as fickle as a cat on a hot tin roof. (Or, you know, as reliable as the weather in Seattle.)
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2025-07-25 08:48