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$XRP long-term cup-and-handle structure is drawing attention as analysts assess support levels, Fibonacci extensions, and whether the pattern can confirm a broader breakout. XRP’s multi-year cup-and-handle structure is being used to outline Fibonacci extension levels near $8, $13 and $27, while much higher $750-$1,000 projections based on the same pattern have been rejected as inconsistent with the chart’s measured Fibonacci structure. Chart analyst ChartNerd said the long-term formation does not support a $750-$1,000 XRP target through the Fibonacci levels used in his analysis. Instead, his latest chart identifies extension levels at approximately $8.47, $13.70 and $27.31. The projections correspond to the 1.272, 1.414 and 1.618 Fibonacci extensions, respectively. The chart maps an approximately 8.5-year cup-and-handle formation, beginning around XRP’s 2018 price peak and extending through the current market structure. Under this interpretation, the rounded cup has already formed, while the decline following XRP’s 2025 peak represents the developing handle. The latest chart places XRP near $1.47, with the handle still trading above two marked Fibonacci support levels. The first is the 0.5 retracement at approximately $0.894, while the 0.618 level sits near $0.642. These levels are presented as potential support areas rather than confirmed future lows. https://t.co/SgWfzEYcnG

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