XRP is exhibiting a bullish cup and handle pattern, suggesting a potential price surge to $5, contingent on maintaining the $2.60 support level. Analysts highlight that technical indicators such as the RSI and MACD are signaling increased momentum and diminishing bearish sentiment. The narrowing consolidation range and volume trends further indicate a possible imminent breakout. However, failure to hold the support could lead to a pullback towards $0.50.