XRP Falls 4% Alongside Market Dip, Cup-and-Handle Structure Keeps $5 Outlook Alive

XRP retreated from $3.02 resistance to $2.89 in the past 24 hours, with support holding near $2.85–$2.86. The move came amid elevated whale activity and broader distribution pressure.

Despite the pullback, fundamentals showed strength with 20% growth in XRPL addresses and Linklogis’ integration of its financing platform. Technicals point to stabilization, with a cup-and-handle formation still targeting $5–$13 if momentum extends.