Analyst: XRP Big Pump Is Confirmed Coming in Next 24 Hours Based On This Signal

Crypto analyst XRP CAPTAIN has issued a firm short-term projection for XRP, stating in a post on X that a “big pump is confirmed coming in the next 24 hours” based on a Cup and Handle pattern identified on the chart.

The accompanying image shows XRP trading on the 4-hour timeframe against the U.S. dollar, with a clearly marked rounded bottom formation followed by a smaller consolidation phase resembling the “handle.”

The chart highlights a resistance zone around mid-$1.40, where price action appears to be testing a breakout. XRP CAPTAIN’s analysis suggests that a decisive move above this resistance could trigger upward momentum. The projection also includes a visual extension toward the $1.70 level, indicating the analyst’s expected target if the pattern completes successfully.

The Cup and Handle structure is a widely recognized technical formation that traders use to anticipate bullish continuation. In the chart provided, the rounded base extends from a prior decline into early April, followed by a recovery that brings the price back toward previous highs. The handle portion reflects a period of consolidation just below resistance, which traders often interpret as a buildup before a breakout attempt.

Market Reaction Reflects Mixed Sentiment

Responses to the post show a divided outlook amongst XRP community members. Some users expressed skepticism toward repeated bullish predictions tied to the same pattern.

One commenter questioned the setup’s reliability, noting that similar calls have frequently appeared without delivering the expected outcome. Another response pointed to XRP’s recent inability to sustain higher price levels, arguing that projections of rapid appreciation are inconsistent with recent performance.

Additional criticism focused on supply dynamics. One commenter referenced the monthly release of XRP from escrow, describing it as a structural factor that traders continue to monitor. This perspective suggests that even if technical patterns indicate a potential breakout, underlying supply considerations may influence price behavior.

Focus Remains on Resistance Break

The central condition for the forecast remains the breakout above the highlighted resistance zone. The chart shows XRP consolidating just below this level, with price action tightening in the handle formation. Traders typically watch for increased volume and a strong candle close above resistance to validate such setups.

As the 24-hour timeframe referenced in the post approaches, attention will remain on whether XRP can sustain momentum beyond the current range.

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 advised to conduct thorough 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.

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