$XRP has been showing signs of forming one of the most recognized bullish continuation patterns in technical analysis. This development has placed the digital asset in the spotlight as traders evaluate the potential implications for its next major price movement.

Shibo (@GodsBurnt), a crypto enthusiast with more than six years of market experience, highlighted the current setup, drawing attention to a nearly completed cup and handle formation. He believes this could signal the beginning of a significant upward trend, stating that XRP is about to go parabolic.