🚀XRP eyes a mega breakout !!
Technical and onchain signals point to a cup-and-handle setup, targeting $5 by year-end, a potential 103% gain from current levels.
📈The cup-and-handle pattern signals accumulation after a correction, with the handle pullback setting the stage for a decisive breakout.
Onchain data shows rising buying pressure, mirroring June’s 75% surge, as more traders buy at market prices instead of waiting for cheaper bids. Meanwhile, XRP ETF optimism continues to grow, with 11 products listed on DTCC and the end of the US government shutdown expected to unlock Treasury liquidity, fueling confidence in risk markets.
If the setup plays out, XRP could see a strong end-of-year rally, making bulls eager for a breakout above the handle’s upper trendline.
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