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XRP shows potential cup-and-handle pattern, key resistance at $1.6572 could trigger bullish breakout.

Technical Signals
05 Oct 2026
UToday
View Source
Bullish
XRP shows potential cup-and-handle pattern, key resistance at $1.6572 could trigger bullish breakout.

Trader Peter Brandt highlights a possible cup-and-handle pattern forming on XRP's chart, suggesting a bullish continuation if XRP breaks above $1.6572. After recovering from lows near $1.00 in August to around $1.52, XRP has consolidated near $1.50, potentially forming the 'handle' of the pattern. A decisive move above $1.6572 could target previous highs near $1.70 and possibly $2.00, while failure to break resistance may keep XRP range-bound with support around $1.45 to $1.50.

As of Oct 05, 2026 17:41 WIB, XRP trades at Rp27.157 on Pluang, showing a 1.27% gain in the past day. The platform data reveals a strong buy sentiment with 80% of orders favoring purchases and a typical hold time of 71 days. XRP's market cap stands at Rp1.707 trillion, highlighting its significant presence among digital assets on Pluang.

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