
Analyst Rejects $750–$1,000 XRP Cup-and-Handle Targets
- —$750–$1,000 XRP targets rejected as inconsistent with the chart's measured Fibonacci structure
- —Fibonacci extensions of 1.272, 1.414 and 1.618 place levels at $8.47, $13.70 and $27.31
- —The cup-and-handle formation spans roughly 8.5 years, starting from XRP's 2018 peak
- —Support marked at the 0.5 and 0.618 retracements — $0.894 and $0.642
Why it matters: The analysis sets a realistic target range for XRP holders and tempers expectations of extreme upside.
Source: Cryptonews.net
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