XRP Price ‘Breakout Will Be Wild,’ Says Analyst as XRP Targets $6 in ‘Most Bullish Pattern’ Yet

Analysts say XRP could rally over 120% to $6 as a powerful cup-and-handle pattern forms. Traders are calling it the “most bullish pattern” and are watching the $3 level as the key trigger for a breakout.

Analysts say XRP (XRP-USD) could rally over 120% to $6.20 as its cup-and-handle formation signals a strong technical setup, with $2.80 holding as a key support level.

XRP held steady above $2.80 on Thursday, a level analysts say could serve as the base for its next major breakout. Even after a 23% pullback from multi-year highs near $3.66, traders remain confident that the token’s long-term momentum is intact.

Analyst Calls It the “Most Bullish Pattern” for XRP

Crypto analyst Mickybull Crypto described XRP’s current setup as the “most bullish pattern,” pointing to a large cup-and-handle formation on the three-day chart. The pattern projects a possible breakout toward $6.20, which is an increase of around 120% from current prices.

“The breakout will be wild,” Mickybull said in a post on X, emphasizing that XRP’s structure could mark the beginning of a major upward phase.

Other analysts remain optimistic, citing continued whale accumulation and growing interest around possible XRP ETFs.

Trader Says “Flipping” $3 Could “Trigger a Rally” for XRP

Independent trader Dom highlighted $3.08–$3.12 as the crucial zone for confirming a breakout. He noted that XRP has been consolidating near its monthly point of control, the price area with the highest trading volume in the past month.

“Flipping that $3.08 – $3.12 area will trigger a rally,” Dom said, adding that this level lines up with the upper boundary of the handle pattern.

If XRP clears that range, it could open the door for a quick move toward $3.20 and beyond.

XRP’s RSI Cools but Support Remains Strong

Despite the bullish setup, XRP’s daily relative strength index has slipped from 57 to 42, signaling a short-term cooldown in momentum. Analysts say a dip toward $2.55 would not break the broader uptrend and could serve as an attractive entry point for new buyers.

CoinGlass data shows that ask orders are clustering near $2.90 and $3.00, suggesting that a push above those levels could trigger a short squeeze.

A $2.80 XRP Price Is Still the Level to Hold

Data from Glassnode’s UTXO Realized Price Distribution shows that nearly 2.5 billion XRP were accumulated around $2.80, creating a solid base of support. Analysts believe that maintaining this level is key to sustaining the recovery and setting up a potential run toward $6.

If XRP holds above $2.80 and flips $3 into support, the road to new highs, and possibly a breakout beyond $6 may soon be within reach.

At the time of writing, XRP is sitting at $2.8310.