XRP drops below $3 but bullish patterns signal potential surge to $6

18-8-2025 – XRP dropped below the critical $3 support level today amid broader crypto market weakness, officially entering a technical bear market after declining 20% from its year-to-date peak. Despite the sharp selloff, prominent crypto analyst Rekt Fencer sees the pullback as temporary, pointing to what he calls a “too perfect” cup-and-handle formation on XRP’s [. . source: https://www.cointrackdaily.com/xrp-drops-below-3-but-bullish-patterns-signal-potential-surge-to-6/