XRP Price Fails to Complete Cup and Handle as Ripple Introduces Mint to Solve RLUSD Problem

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.

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.

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