XRP News Today: XRP Could Surge to $7.20 If It Breaks Out of Cup Pattern

Generated by AI AgentCoin World
Sunday, Aug 17, 2025 11:56 pm ET1min read
XRP
--
Aime RobotAime Summary

- CryptoBull predicts XRP could surge to $7.20 if it breaks out of a "cup" pattern on daily charts, based on a 111% measured move.

- The bullish projection, shared via X (formerly Twitter), has gained traction among accounts like Jack XRParrow and crypto Granny, though community reactions vary.

- Critics emphasize the need for regulatory clarity and institutional adoption (e.g., ETF approvals) to sustain long-term price growth beyond technical patterns.

A pseudonymous analyst known as CryptoBull has released a bullish projection for

XRP
, suggesting that the cryptocurrency could surge to $7.20 if it successfully breaks out of a defined "cup" formation on the daily price chart [1]. The analyst shared his view via X, formerly Twitter, stating, “After XRP breaks out of this cup, price will go straight to $7.20. Save this!” [2]. The pattern, highlighted on the XRP/USD chart, shows a gradual decline and recovery, forming a rounded bottom structure typical of a bullish continuation pattern.

According to the analysis, the depth of the cup formation measures approximately 111%, meaning that once XRP’s price moves above the resistance at the top of the formation, it could potentially retrace that same percentage range from the breakout point, leading to a price target of $7.20 [1]. The chart shared with the post visually reinforces this by drawing a vertical arrow above the breakout level and labeling it with the 111% projection.

While the analyst has not provided a specific timeline for the breakout or subsequent price move, the focus is clearly on the breakout as the primary catalyst for a sharp upward move. This projection is purely technical and does not incorporate wider market conditions or fundamental developments [1]. Other social media accounts, including Jack XRParrow and crypto Granny, have echoed similar sentiments, further amplifying the bullish narrative [3][4].

Community reactions have varied, with some users expressing patience, while others emphasize the need for broader developments to influence long-term price action. For instance, one user noted, “I don’t care about price right now. I want Clarity, ETFs approved, and all of those 1700 NDA’s released. Then we will see price,” indicating that regulatory clarity and institutional adoption could play a critical role in shaping XRP’s trajectory [2].

CryptoBull’s projection is based on the measured move from the cup pattern and has not been adjusted to include additional technical indicators or market sentiment. The view reflects a straightforward technical interpretation, where the breakout of the defined pattern is seen as a decisive event for XRP’s price direction [1]. As with all market forecasts, this projection is speculative and should not be taken as financial advice.

Source:

[1] Analyst: After XRP Breaks Out of This Cup, Price Will Go Straight to $7.20 (https://timestabloid.com/analyst-after-xrp-breaks-out-of-this-cup-price-will-go-straight-to-7-20/)

[2] CryptoBull on X: "After XRP breaks out of this cup price will... (https://x.com/CryptoBull2020/status/1956737002973307213)

[3] Jack XRParrow ‍☠️ on X: "After XRP breaks out of this cup price will go straight to $7.20. Save this! (https://x.com/HustlerShib/status/1957175****56264179)

[4] crypto Granny on X: "After XRP breaks out of this cup price will go straight to $7.20. Save this! (https://twitter.com/cryptogranny101/status/1957093737340821610)