The price chart of Ripple (XRP) suggests a "huge breakthrough," targeting $5.

CN
4 hours ago

Key Points:

XRP's cup and handle pattern breakout suggests a potential rise to $5 before the end of the year.

On-chain data reflects a 75% increase in June, with rising optimism around ETFs.

According to a "major breakout" setup shared by a chart analyst, XRP's price could reach $5 by the end of the year.

Analyst Milkybull shared a chart on Tuesday showing a cup and handle pattern, a classic bullish setup that typically forms at major market bottoms.

In technical analysis, the cup represents an accumulation period after a deep correction, during which traders gradually buy the asset, forming a rounded bottom.

The handle usually manifests as a short-term pullback, typically ending when buyers regain control.

When the price decisively breaks above the handle's upward trend line, it usually marks the beginning of a strong upward trend, with a potential target roughly equal to the depth of the pattern, as shown below.

Applying these technical parameters to the current XRP structure indicates a potential upward target of about $5 by the end of 2025, representing an approximate 103% increase from current levels.

The $5 prediction for XRP comes at a time of heightened optimism for spot XRP exchange-traded funds (ETFs), following a breakthrough agreement in the U.S. Senate that ended the longest government shutdown in history.

This resolution is expected to restore government operations and release fiscal liquidity, injecting a wave of confidence into risk markets, including XRP.

As of this week, the DTCC website lists 11 XRP ETF products in the active and pre-release categories, covering major issuers such as 21Shares, ProShares, Bitwise, Canary Capital, CoinShares, and Franklin Templeton.

Analysts like Nate Geraci and Eric Balchunas suggest that the end of the shutdown could effectively open the "ETF floodgates," paving the way for the first spot XRP product to enter the U.S. market.

XRP's on-chain data is flashing another bullish signal.

According to CryptoQuant data, the 90-day spot buyer cumulative volume delta (CVD), an indicator tracking whether market orders are driven by buyers or sellers, has shifted from neutral to buyer-dominant for the first time since June.

This indicates that more traders are purchasing XRP at market prices rather than waiting for cheaper bids, showing increased confidence and rising demand.

The last time this signal turned green was in mid-2025, when XRP's price surged about 75% within weeks, further confirming the technical outlook for a $5 target by the end of the year.

Related: After a month of stagnation in the crypto market, the NFT and memecoin markets are beginning to warm up.

Original: “XRP Price Charts Hint Mega Breakout, $5 Target”

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink