Veteran trader Peter Brandt has identified a potential cup-and-handle pattern on XRP’s chart, with $1.6572 marked as the key resistance level to watch. XRP currently trades around $1.52, having recovered from August lows near $1.00 and approaching its August high of $1.70 before the September correction. A decisive breakout above $1.6572 would strengthen the bullish technical setup and could target the $2.00 psychological level. The cryptocurrency is consolidating between $1.45 and $1.65, with support at $1.48-$1.50 and next support around $1.35-$1.40.
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Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
