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TimesTabloid 2026-02-28 12:05:13

Market Strategist Says XRP Target Just Changed. Here’s Why

XRP has weathered months of volatility , macro-driven fear, and sharp swings in liquidity. While many traders focused on short-term price shocks, a broader technical structure quietly developed on higher timeframes. That structure has now prompted a notable shift in expectations. One closely followed market strategist believes XRP’s next move could redefine its near-term trajectory. In a recent post on X, STEPH IS CRYPTO announced that his XRP price target has changed after identifying a developing cup-and-handle pattern on the chart. Steph argues that the evolving structure reflects a classic bullish continuation setup, often forming after a prolonged correction and accumulation phase. The Technical Structure Behind the New Target The cup-and-handle pattern typically signals renewed upside momentum. The “cup” forms as the price gradually recovers from a correction, creating a rounded bottom rather than a sharp V-shaped rebound. $XRP Target Just Changed pic.twitter.com/U4ctPwPJmf — STEPH IS CRYPTO (@Steph_iscrypto) February 27, 2026 This rounding suggests steady accumulation rather than speculative spikes. The “handle” then develops as a controlled pullback or sideways consolidation near resistance, shaking out weak holders before a potential breakout. Steph interprets XRP’s 2025–2026 correction phase as the cup portion of the formation. Recent volatility, in his view, represents the handle. Based on standard technical measurement principles, he now projects a $2.50 target if XRP breaks decisively above resistance near $1.50 — the rim of the cup. Analysts typically calculate this target by adding the cup’s height to the breakout level, which aligns with Steph’s revised projection. Key Support Level Remains Critical Bullish outlook remains conditional. $1.35 is an immediate and crucial support. If XRP holds above that level, the integrity of the pattern remains intact. A sustained break below $1.35 would weaken the setup and could invalidate the formation entirely, opening the door to deeper retracements. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 This risk framework reinforces that the target adjustment stems from chart structure, not speculation. The pattern requires confirmation through strength, not hope. Market Context and Momentum XRP’s setup unfolds amid broader market uncertainty. The crypto market recently experienced a macro-driven selloff fueled by geopolitical tensions and leveraged liquidations. Despite that turbulence, XRP has maintained relative structural stability, which strengthens the credibility of the developing formation. Momentum indicators on higher timeframes show rebuilding strength rather than exhaustion. A breakout above $1.50 with expanding volume would confirm bullish continuation and validate the $2.50 objective. Until that happens, traders will closely monitor support behavior and resistance pressure. The target changed because the chart evolved. Now the market must decide whether XRP completes the pattern — or fails the test. 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 urged to do in-depth 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. Follow us on Twitter , Facebook , Telegram , and Google News The post Market Strategist Says XRP Target Just Changed. Here’s Why appeared first on Times Tabloid .

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