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XRP Cup & Handle Breakout Could Trigger $5 Year-End Run

XRP price chart

XRP is buying and selling at $2.38 at press time, down barely during the last 24 hours however up 4% over the previous week.

Recent technical setups and knowledge recommend rising curiosity in a possible transfer greater, with some merchants eyeing a $5 goal earlier than the 12 months ends.

Cup-and-Handle Pattern in Focus

Levi shared a chart exhibiting a basic cup-and-handle setup on XRP’s 3-day timeframe. The rounded backside shaped between January and July 2025, adopted by a transfer upward. Since then, the asset has pulled again inside a downward channel, shaping the deal with.

Notably, this construction is commonly seen earlier than a breakout. The higher boundary of the deal with is now being examined. A clear break above that degree would full the sample and open room towards the $5 space. Levi famous,

The MACD on the chart additionally reveals a doable bullish cross forming.

Furthermore, ChartNerd pointed to a bigger consolidation-expansion cycle. In the previous, XRP traded sideways earlier than a breakout. An identical construction is now seen on the chart, with the value holding between $1.50 and $3.00 all through most of 2025.

If this sample continues, a brand new upward transfer might comply with. The chart suggests this consolidation part could also be close to completion, however a push above the high quality continues to be wanted.

Mirrored Setup Hints at Repeat Move

EGRAG CRYPTO shared a short-term sample labeled “As Above, So Below” on the 4-hour chart. It compares two similar time durations of 89 days. Both present 4 phases of value motion inside a decent vary. The present construction displays the sooner part.

XRP price chart
Source: EGRAG CRYPTO/X

Support ranges are marked between $2.30 and $2.50. Resistance areas sit close to $2.80, $3.00, and better at $3.65 and $4.38. The remaining degree on the chart aligns with the 1.414 Fibonacci extension at $4.38.

Market Reaction and New Developments

CRYPTOWZRD noted that XRP closed under $2.75 and continues to be influenced by Bitcoin’s pattern. The key short-term degree stays $2.41. A bounce from that assist could enable for a transfer greater, whereas a failure to carry it might result in extra range-bound motion.

As CryptoPotato reported, analysts are watching the $2.70 resistance degree. This zone is seen as a short-term barrier earlier than any main transfer can materialize.

Separately, Steph reported that XRP’s CVD turned constructive for the primary time in months.

“Last time this occurred, XRP rallied 75%.”

In addition, Canary Capital is ready to launch the primary US-based spot XRP ETF on November 13, aiming for full publicity to the asset.

The submit XRP Cup & Handle Breakout Could Trigger $5 Year-End Run appeared first on CryptoPotato.

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