XRP has entered a critical stage in a multi-year technical pattern, with fresh analysis spotlighting the cryptocurrency’s proximity to what some traders consider a decisive support level. Crypto analyst ChartNerd, known for technical research on digital assets, has identified what he describes as an 8.5-year cup-and-handle formation on XRP’s price chart. This pattern, often associated with bullish momentum in traditional markets, maps out XRP’s long-term price swings since 2017, covering its decline, prolonged consolidation, and recent moves.