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XRP to $20+ Confirmed. Expert Says Get Ready, It’s Coming
$XRP Crypto analyst Amonyx (@amonbuy) has shared a chart highlighting a long bullish pennant on XRP’s monthly timeframe. He told investors to prepare for XRP to hit $20, showing his conviction in the setup.
The chart shows the asset moving within a clear pennant while holding above a major support area.
The structure has taken years to form, and now sits near the end of its consolidation phase. The pattern suggests that XRP may expand rapidly once its price closes above the upper trend line.
⭐Historical Pattern Reference
The chart compares the current formation with the pennant that formed before the 2017 surge. That earlier move produced a rapid breakout. Amonyx used this comparison to show how a similar pattern may lead to the next stage of price action.
He marked the asset’s 2018 peak on the monthly chart, showing the scale of the potential move. This structure mirrors the historical pattern and spans from 2018 to 2024. It is larger and longer than the earlier one, signaling strong compression.
The breakout point on the chart sits near $1.04. XRP broke above this level in late 2024 and has remained above it. The current candle cluster sits around $2.7, near the center of the pattern. XRP’s price action now presses against the upper boundary, nearing a breakout.
⭐Measured Move Projection
Amonyx used the earlier pennant as a guide for the projected target. The chart shows a gain of almost 5,250% during the last expansion. He applied a similar measurement to the present pattern. This measured move suggests that XRP is heading to double digits.
While Amonyx specified that XRP could surpass $20, the chart shows a target of $64.38. This is s far above XRP’s previous trading range, placing it firmly into double-digit territory.
⭐What to Expect from XRP
The chart shows how XRP has held the pattern through several tests. Lower wicks show repeated support touches. Upper wicks show steady rejection at the same trend line. This type of compression often signals a strong move ahead.
With XRP now well above the upper boundary, Amonyx expects its price to accelerate soon. At the time of his analysis, the asset traded at $2.76. While it has dropped since then, his analysis suggests an imminent resurgence.
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The chart shows the asset moving within a clear pennant while holding above a major support area.
The structure has taken years to form, and now sits near the end of its consolidation phase. The pattern suggests that XRP may expand rapidly once its price closes above the upper trend line.
⭐Historical Pattern Reference
The chart compares the current formation with the pennant that formed before the 2017 surge. That earlier move produced a rapid breakout. Amonyx used this comparison to show how a similar pattern may lead to the next stage of price action.
He marked the asset’s 2018 peak on the monthly chart, showing the scale of the potential move. This structure mirrors the historical pattern and spans from 2018 to 2024. It is larger and longer than the earlier one, signaling strong compression.
The breakout point on the chart sits near $1.04. XRP broke above this level in late 2024 and has remained above it. The current candle cluster sits around $2.7, near the center of the pattern. XRP’s price action now presses against the upper boundary, nearing a breakout.
⭐Measured Move Projection
Amonyx used the earlier pennant as a guide for the projected target. The chart shows a gain of almost 5,250% during the last expansion. He applied a similar measurement to the present pattern. This measured move suggests that XRP is heading to double digits.
While Amonyx specified that XRP could surpass $20, the chart shows a target of $64.38. This is s far above XRP’s previous trading range, placing it firmly into double-digit territory.
⭐What to Expect from XRP
The chart shows how XRP has held the pattern through several tests. Lower wicks show repeated support touches. Upper wicks show steady rejection at the same trend line. This type of compression often signals a strong move ahead.
With XRP now well above the upper boundary, Amonyx expects its price to accelerate soon. At the time of his analysis, the asset traded at $2.76. While it has dropped since then, his analysis suggests an imminent resurgence.
🚀🚀🚀 FOLLOW BE_MASTER BUY_SMART 💰💰💰
Appreciate the work. 😍 Thank You. 👍 FOLLOW BeMaster BuySmart 🚀 TO FIND OUT MORE $$$$$ 🤩 BE MASTER BUY SMART 💰🤩
🚀🚀🚀 PLEASE CLICK FOLLOW BE MASTER BUY SMART - Thank You.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.