Respected analyst Dark Defender has highlighted two significant cup patterns of XRP since 2013, indicating potential long-term growth for the cryptocurrency.
First Cup: The Historic Rally of 2017
The first major breakout occurred in late 2017. After four years of consolidation, XRP exploded upward, rallying from cents to an all-time high of about $3.84 in January 2018. This move validated the classical cup pattern, showing how prolonged accumulation can precede dramatic price increases.
Second Cup: The Breakthrough of 2025
Dark Defender points to an even larger structure—a multi-year cup—that XRP has finally breached in 2025. The analysis indicates that the cryptocurrency not only pierced long-standing resistance but also successfully retested the breakout level, representing a classic sign of strength. Trading data confirm that XRP remains above the crucial rim of this pattern.
Implications for Traders and Investors
Breaking such a lengthy consolidation is more than a visual milestone. In technical analysis, once a multi-year ceiling turns into support, the market often enters a higher-volatility expansion phase. However, confirmation requires sustained volume growth, strong closes above the breakout level, and favorable market conditions.
Dark Defender's analysis indicates that XRP has broken through two significant cup patterns, which may signal the start of a transformative price cycle. However, caution and risk management are essential in unpredictable financial markets.
