Key takeaways:
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The land of XRP may yet bloom to $5 by year’s end, courtesy of a “mega breakout” that smells like a bull market’s first cup of coffee.
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On-chain whispers mirror June’s 75% surge-because nothing says “confidence” like traders buying at full price like it’s 2021 all over again.
Beneath the surface of XRP’s (XRP) chart lies a tale of grit and hope, penned by an analyst who clearly hasn’t met a bullish pattern they didn’t adore. By year’s end, they reckon, the coin might just reach $5-a 103% leap that would make even the most jaded crypto grump raise an eyebrow. Or a middle finger.
The Cup-and-Handle: A Time-Honored Dance of Accumulation and Pullback
Analyst Milkybull, a name that sounds like it belongs to a dairy farmer, served up a chart on Tuesday showing a cup-and-handle pattern. In the world of technical analysis, this is the equivalent of finding a four-leaf clover in a stock market storm. The cup? A period of accumulation so deep it could double as a swimming pool. The handle? A brief tantrum from bears that ends when bulls say, “Nope, not today.”
Technical analysis, that sacred art of connecting dots and pretending they’re stock tips, tells us the cup is where traders hoard XRP like squirrels in a crypto nut house. The handle? Just a polite pause before the real fun begins.
A breakout above the handle’s trendline is the market’s way of saying, “Surprise! Here’s a raise!” And the target? $5, because why not aim for the moon when you’re already in a rocket ship? 🚀
If history repeats itself (and it often does, like a broken clock telling the right time twice a day), XRP could hit $5 by December. That’s a 103% gain, or as we like to call it, “retirement money if you’ve been holding since 2018.”
ETF Hype: The Siren Song of Institutional Cash
XRP’s $5 dream rides on the back of ETF optimism, a term that sounds wholesome until you realize it means Wall Street is sniffing around your digital piggy bank. With the US Senate’s recent shutdown resolution-because nothing says “trust” like a government that can’t stay open-investors are throwing caution to the wind (and their 401(k)s into crypto).
Eleven XRP ETFs are now in the DTCC pipeline, courtesy of names like 21Shares and Franklin Templeton. It’s like the crypto world’s version of a popularity contest, where everyone wants to be the next big thing. 🏆
Nate Geraci and Eric Balchunas, two names that sound like they belong in a 1980s rock band, claim the shutdown’s end will unlock the “ETF floodgates.” Translation: Get ready to drown in institutional money. Or, you know, panic sell when the dam breaks. 🛑
June’s Rally Echoes: A Bullish Ghost in the Machine
XRP’s on-chain data is currently flashing signals that read like a crypto fortune cookie. The 90-day Spot Taker Cumulative Volume Delta (CVD) has flipped to “Taker Buy Dominant,” a fancy way of saying, “Traders are buying at any price, even the ones that make their mothers cry.”
Last time this happened in June, XRP surged 75% like it was trying to escape Earth’s gravity. If history repeats, we’re in for a sequel where the stakes are higher and the plot holes are wider. 🎬
So, is $5 a moonshot or a mirage? Only time will tell. But if you’re holding XRP, you might want to hydrate and cross your fingers. Or, you know, diversify. Just don’t ask us for financial advice-we’re just here for the drama. 🎭
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2025-11-11 15:57