Can XRP hit $20 in the near future? This question is gaining momentum among crypto investors, especially as new technical charts indicate that the full-blown bullish phase for XRP may still be ahead. Despite XRP not rallying as sharply as Bitcoin or Ethereum lately, several indicators point to a massive price surge on the horizon.
Weekly XRP charts show an extended accumulation pattern, strikingly similar to the one that preceded the 2017 bull run. Analysts highlight that the Relative Strength Index (RSI) is still in neutral territory, suggesting ample room for upside movement. Meanwhile, long-term moving averages are trending upward, signaling growing market confidence.
Such lengthy consolidation periods, as XRP is currently experiencing, often precede explosive upward moves. Some technical experts even believe XRP could mirror Bitcoin’s parabolic price action — especially if macro conditions and regulatory outcomes turn favorable.
On the fundamental side, XRP’s outlook has improved significantly following positive developments in the legal battle with the SEC. This has reignited investor trust and market interest. In addition, Ripple’s increasing adoption by major financial institutions only strengthens the long-term bullish narrative.
That said, the crypto market remains highly volatile. While the charts signal opportunity, investors must remain cautious and consider risk management strategies to navigate potential short-term corrections.
In summary, while XRP hasn’t hit $20 yet, multiple indicators suggest the real bull phase is yet to begin. With improving sentiment, rising adoption, and positive chart patterns, this target could shift from speculation to reality sooner than expected.
