An examination of XRP indicates recent breakouts within two cup patterns, potentially signaling long-term price movement.
Historical Cup Breakouts
Crypto analyst Dark Defender noted that XRP broke two cup-style consolidations. The first occurred in 2017 when the token cleared a four-year base. This move triggered one of XRP’s fastest accelerations in its trading history.
In 2025, a second, larger eight-year consolidation was resolved. Price cleared the neckline, represented by a horizontal resistance line that held the market for years.
Neckline Retest and Support Confirmation
According to Dark Defender, XRP recently retested the neckline after breaking above it in 2025. Sellers attempted to force price back below, but buyers defended the level successfully. This retest created what analysts describe as structural validation.
The neckline now represents strong support, transitioning from resistance that capped price for years. Weekly and monthly closes above it sustain the bullish case.
Multi-Year Targets and Market Risk
Dark Defender’s chart also presented Fibonacci extension levels as potential waypoints. These include $5.86 at the 261.8% level, $18.23 at 361.8%, and $36.77 at 423.6%. These projections outline long-term possibilities if momentum persists.
However, a failed neckline retest could change the structure. Sustained closes below the level would risk invalidating the breakout sequence. External factors remain critical.
XRP's recent breakouts demonstrate technical alignment with historical patterns, potentially opening new horizons for growth if buyers maintain control.