XRP’s $20 Dream Is Back, But Bulls Still Need to Reclaim Key Shares


The price of XRP is also drawing bullish long-term predictions after Korean analyst Ninedex revived the possibility of a major breakout above $20 if XRP repeats the market conditions similar to its 2018 breakout.

However, at the moment, XRP is struggling with weakness and growing fear in the market.

The token is trading around $1.34-$1.35, down about 13% from its May high of around $1.54. Despite the pullback, Ninedex says XRP is still holding one of the most important long-term support points within the multi-year uptrend that has guided prices since 2013.

According to Ninedex, XRP remains above the important support area around $1.30-$1.40, which corresponds to the Fibonacci 0.382 retracement level and the lower edge of the middle channel.

The analyst noted that XRP remained within this mid-range since its peak in 2017-2018, when the token rose slightly above $3 before making a major correction. In his opinion, staying within the framework is what helped XRP remain one of the biggest cryptocurrencies over the years.

Its main target remains $5 if XRP reaches the upper limit of the current channel. However, if XRP re-enters the high street like it did in 2018, it is believed that a big move to $20 is possible.

Mixed Image and Technical Symbols

Ninedex also showed improved technical indicators. He said that XRP’s weekly stochastic RSI rose from the overbought zone near 15 points to 20 points, historically the place where reversals usually start.

Meanwhile, XRP’s MACD indicator has recently formed a golden cross, suggesting that the bullish trend may be returning to the bulls.

However, short-term signals remain weak. XRP’s RSI is currently near 41, indicating the direction is still neutral, while the trading volume was not mentioned during the recent consolidation.

Fear Is Returning to the XRP Market

Data from Santiment has shown that sentiment for XRP has also fallen sharply, with bullish and bearish commentary almost constant across platforms.

The company described the market as entering the “FUD zone,” although in the past these fearful conditions have sometimes appeared close to temporary stability.

On the other hand, according to crypto expert CW, XRP’s Estimated Leverage Ratio has dropped to 0.176, its lowest level since 2025.

The expert noted that many high-end properties have already been removed due to closures, leaving a stable market place. CW also reported that interest rates have been rising steadily since the end of March, indicating that XRP may be consolidating its long-term trend.

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