XRP Price Charts Indicate Potential 'Mega Breakout' Targeting $5

XRP price charts hint at ’mega breakout’ with $5 target

Summary:
XRP's price is signaling a bullish trend, with analysts predicting a potential rise to $5 by the end of the year, driven by key technical patterns and growing optimism around exchange-traded funds (ETFs). Onchain data shows a favorable shift in market dynamics, reminiscent of significant past price rallies.

Key Takeaways:

XRP's cup-and-handle pattern suggests a possible increase to $5 by year's end.
Rising ETF optimism mirrors XRP's previous surge of 75% in June.

Analyzing the Bullish Cup-and-Handle Formation

A chart shared by analyst Milkybull highlights a cup-and-handle pattern forming for XRP, a well-established bullish signal often seen after significant market corrections.

Chart illustrating cup-and-handle pattern.
Source: X

In this technical analysis framework, the "cup" is the phase where traders accumulate the asset after a dip, creating a rounded base. Following this, the "handle" represents a brief pullback before buyers take over again.

A breakout above the handle's upper trendline typically indicates the start of a robust uptrend. Based on this setup, XRP could aim for a target of around $5, which would be a 103% increase from its current levels, anticipated by the end of 2025.

Increased ETF Buzz Bolsters $5 Prediction

The optimistic target of $5 for XRP coincides with a surge in enthusiasm surrounding spot XRP exchange-traded funds (ETFs). This optimism follows the US Senate's recent deal to terminate the longest government shutdown, which is expected to resume government operations and enhance market liquidity.

Related:__XRP rallies as US shutdown nears resolution, with ETF developments underway.

Currently, the DTCC lists 11 XRP ETF products, both active and pre-launch, associated with prominent issuers such as 21Shares, ProShares, Bitwise, Canary Capital, CoinShares, and Franklin Templeton.

List of XRP products as of Monday.
Source: DTCC

Analysts Nate Geraci and Eric Balchunas remark that the end of the shutdown might facilitate a surge in ETF approvals, potentially allowing the first XRP spot products to enter US markets.

Positive Market Signals for XRP's Future

XRP's onchain metrics are also indicating a bullish trend. The 90-day Spot Taker Cumulative Volume Delta (CVD), which tracks market order dynamics, has for the first time since June flipped to Taker Buy Dominant, as reported by CryptoQuant.

XRP's spot taker CVD over 90 days.
Source: CryptoQuant

This shift signifies that more market participants are opting to buy XRP at the current price rather than waiting for lower offers, indicating growing confidence and demand among traders. In the past, when this signal turned positive in mid-2025, XRP's price soared by about 75% within weeks, reinforcing the technical setup predicting a target of $5 by the year's end.