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    Home»Markets»Crypto»XRP Price Fails Cup-and-Handle as Ripple Launches RLUSD Mint
    Crypto

    XRP Price Fails Cup-and-Handle as Ripple Launches RLUSD Mint

    Press RoomBy Press RoomJuly 24, 2026No Comments4 Mins Read
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    Author

    Ahmed Barakat

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    Ahmed BarakatVerified

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    Aug 2025

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    Ahmed Barakat is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.

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    The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for…

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    July 24, 2026

    XRP cryptocurrency token with cup-and-handle chart pattern on purple and magenta gradient background

    XRP is caught between a compelling technical setup and stubborn overhead price resistance. That gap is testing bullish patience. The cup and handle pattern that traders have tracked for weeks now faces invalidation. XRP trades near $1.11, remaining well below the former $2.68 to $2.77 breakout zone discussed in earlier bullish scenarios.

    Ripple has introduced a dedicated Mint function to streamline RLUSD issuance. The update targets minting delays and improves settlement predictability. It strengthens Ripple’s enterprise infrastructure and could make RLUSD more attractive to institutions. However, the direct benefit favors stablecoin adoption more than immediate spot XRP demand.

    The cup and handle pattern on the XRP price that traders have tracked for weeks now faces invalidation. What's next for Ripple token?
    XRP USD, Tradingview

    Regulatory clarity across Ripple’s product suite remains the bigger variable for XRP price. Even so, infrastructure upgrades could improve long-term confidence if institutional usage continues expanding. Until then, traders still need stronger demand to reclaim higher resistance levels.

    Meanwhile, the macro backdrop remains challenging. Megacap technology stocks pressured major U.S. indexes as AI spending concerns resurfaced. Tariff headlines also encouraged a risk-off mood across financial markets. When equities weaken, altcoins rarely avoid the selling pressure.

    Discover: The Best Crypto to Diversify Your Portfolio

    Can XRP Price Reach $1.5 Before the Cup-and-Handle Breaks Down?

    XRP is trading near $1.11, sitting just below a key resistance zone that many analysts continue to monitor. The measured move target around $5.18 still depends on a sustained breakout above previous swing highs. Meanwhile, the 50-day and 200-day EMAs remain below the current price, keeping the long-term trend constructive.

    The breakout trigger remains straightforward. A daily close above nearby resistance with strong volume could open the door to a move toward the next resistance zone around $1.30 to $1.40. Until then, XRP may continue trading within its recent range, frustrating both bulls and bears.

    On the downside, losing support around $1.08 to $1.10 could invite another test of lower levels. Some wave analysts still warn that a deeper correction is possible if momentum continues fading. However, those bearish projections remain conditional rather than confirmed.

    Long-term targets such as $33 to $67 or even $60 are still circulating among well-known XRP analysts. Even so, those are multi-cycle projections rather than near-term expectations. For now, the bigger question is whether XRP can reclaim higher resistance and build enough momentum for a sustained breakout.

    Trade XRP on Bybit and Get a Chance to Win Our $1,000 USDT Airdrop

    LiquidChain Targets Early Mover Upside as XRP Tests Key Levels

    XRP’s cup-and-handle setup illustrates the core frustration of late-cycle positioning: even a technically clean pattern at a $70 billion market cap requires a significant capital event to move the needle. Traders rotating out of stalled large-caps are increasingly looking at early-stage infrastructure plays where the entry price still reflects discovery rather than expectation.

    LiquidChain is one project drawing attention. The Layer 3 protocol fuses Bitcoin, Ethereum, and Solana liquidity into a single execution environment. It boasts a Unified Liquidity Layer with Single-Step Execution and Verifiable Settlement, meaning developers deploy once and access all three ecosystems without bridging overhead.

    The presale is currently priced at $0.01483, with $920K raised to date. The project is approaching the $1M milestone, which historically marks an inflection point in presale momentum.

    Explore LiquidChain’s presale details here.

    Discover: The Best Token Presales


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