Xrp Price Charts Hint At ’mega Breakout’ With $5 Target 2025

XRP’s technical and onchain signals hint at a major breakout, with bulls eyeing a significant rally toward $5 by the year’s end.

XRP’s cup-and-handle breakout setup points to a potential rally toward $5 by year’s end.

Onchain data mirrors June’s 75% surge amid rising ETF optimism.

XRP’s (XRP) price may reach $5 by year’s end, according to a “mega breakout” setup shared by one chart analyst.

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

In technical analysis, the cup represents a period of accumulation following a deep correction, during which traders gradually buy the asset, creating a rounded base.

The handle then appears as a short-term pullback that typically ends when buyers regain control.

A decisive breakout above the handle’s upper trendline often signals the start of a strong uptrend, with the potential target roughly equal to the pattern’s depth, as shown below.

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

XRP’s $5 projection comes as optimism around spot XRP exchange-traded funds (ETFs) surges following the US Senate’s breakthrough deal to end the longest government shutdown in history.

Source: CoinTelegraph