TLDR:XRP price forms a bullish cup-and-handle pattern with breakout potential above the $2.20 level.Long-term triangle pattern and support at $1.81 reinforce technical strength for XRP.RSI and MACD suggest consolidation, with a breakout likely if momentum strengthens.XRP’s outlook depends on Bitcoin’s direction and continued regulatory clarity post-SEC win.XRP’s technical patterns suggest a breakout could be near. Experts have identified a potential cup-and-handle setup, a bullish chart formation often linked to upward price moves. This structure has been developing over several months, with the current price action forming the “handle” phase. While market momentum remains cautious, many observers are watching XRP’s next move. The pattern’s completion may depend on Bitcoin’s price direction in the coming weeks.Chart Pattern Signals Potential XRP Price SurgeTechnical analysts from InvestingHaven noted XRP’s ongoing cup-and-handle pattern, with the handle forming near $2.22. This classic setup suggests that the XRP price could retest its all-time high near $4.10. The last phase of the pattern shows a tightening range, a precursor to breakout behavior.$XRP Cup, Handle, Breakout Ahead?XRP is shaping a classic cup-and-handle pattern, with the handle forming now. A breakout may follow BTC’s next move.The structure suggests ATH is still in play.Watch the #XRP handle formation. pic.twitter.com/aW77bsMVOd— InvestingHaven (@InvestingHaven) June 5, 2025InvestingHaven also highlighted that XRP’s structure is part of a broader 6-year triangle, with key support around $1.81. This long-term formation aligns with the platform’s 2025 forecast of $1.81, $3.32, and $4.44. The prediction, however, hinges on Bitcoin’s next major movement, which often influences altcoin behavior.On the daily XRP price chart, the Bollinger Bands are in a squeeze formation, signaling low volatility and a pending breakout. The price sits around $2.213, hovering close to the lower edge of the Ichimoku Cloud. Technical tools, including the RSI and MACD, also indicate consolidation rather than strong directional momentum.XRP daily price on TradingViewRSI values remain under the neutral 50 mark, pointing to weak buying pressure. The MACD histogram, while still negative, is narrowing, a signal that bearish momentum may be fading. Overall, the indicators suggest XRP is in a holding pattern, awaiting a catalyst.XRP Broader Sentiment Tied to Bitcoin and Regulatory ClarityMarket sentiment surrounding XRP also ties back to broader crypto trends. X Finance Bull emphasized that XRP has regained institutional interest after its legal win over the SEC. The token’s relisting on major platforms and growing involvement in global CBDC pilots add to its bullish outlook.$XRP didn’t just survive the SEC war, it won the right to dominate.Now it’s relisted. Institutions are back. Global CBDC trials are underway.Regulatory clarity was the last piece.The next #XRP move? Price discovery. pic.twitter.com/FUafP8CSqk— X Finance Bull (@Xfinancebull) June 5, 2025Moreover, the return of regulatory clarity could open doors for wider adoption and stronger price action. Still, XRP remains closely tied to Bitcoin’s performance. Historical data shows XRP often rallies after BTC makes decisive moves, as seen during the ETF-driven run past $100K in late 2024.As of now, XRP holds above key support at $1.81. Analysts suggest this level is critical to maintain the bullish scenario. Any drop below $0.31, last seen in 2020, would likely invalidate the current setup.With the cup-and-handle nearing completion, traders are closely watching for confirmation signals. Whether XRP breaks upward will likely depend on Bitcoin’s direction and broader crypto sentiment. The post XRP Cup and Handle Formation Fuels Breakout Speculation appeared first on Blockonomi.