- XRP forms a bullish cup-and-handle pattern, eyeing a potential ATH between 2025 and 2026.
- Key support at $1.81 holds, while $2.35 remains the resistance level to watch near-term.
- SEC settlement, ETF buzz, and EVM upgrade boost XRP’s long-term investor confidence.
XRP has maintained strong support at $1.81, positioning itself for a potential all-time high (ATH) in 2025–2026. A bullish cup-and-handle pattern is forming, with Bitcoin’s price breakout expected to act as a major trigger. At the time of writing, XRP was trading at $2.17.
Bullish Patterns Strengthen Long-Term Outlook
According to analysis prepared by Investing Haven, XRP continues to build on a long-term bullish structure. The price has been consolidating between $2 and $2.35, forming a clear handle in a larger cup-and-handle pattern. This setup is often considered a strong continuation signal in technical analysis.
The long-term monthly chart reflects a W pattern that has developed over several years. The pattern began after XRP peaked at $3.80 in 2018 and saw two deep corrections. The final leg of the W formation was completed after XRP rallied in late 2024. Analysts see this as a major structural breakout.
XRP recently touched a high of $2.32 and is now trading near its 20-day exponential moving average (EMA), which stands at $2.17. The 50-day simple moving average (SMA) was reclaimed earlier this week, indicating buyer strength. However, sellers have capped gains above $2.35 for now.
Key Support and ETF Buzz Drive Investor Sentiment
According to an observation by BitGuru, XRP has formed both a triple bottom and an inverse head-and-shoulders pattern on the lower timeframe charts. These formations, coupled with sustained support at the $2 level, suggest continued upward pressure.
The resolution of the SEC lawsuit and a $50 million settlement has reduced regulatory uncertainty. Ripple Labs CEO Brad Garlinghouse described the settlement as a “fresh chapter” for XRP. This development has revived speculation about a potential XRP spot ETF, with market experts predicting strong institutional interest.
XRP is also gaining traction due to a recent upgrade that introduced Ethereum Virtual Machine (EVM) compatibility. This addition is expected to expand XRP’s use in decentralized applications and smart contracts.