English
 找回密码
 立即注册

XRP breaks through the multi-year downward trend line, and analysts call for $20! Can it come true this time?

ChrisLarsen 2025-11-6 20:55 52449人围观 XRP

I don’t know what to do in the bull market. Welcome to scan the code to join the group for free. The bull market spot code and layout strategy can be shared for free. Welcome to private message me to join us and add penguin number: 3838974575 Cryptocurren

If you don’t know what to do in the bull market, you are welcome to scan the code to join the group for free. The spot code and layout strategy of the bull market can be shared for free. Welcome to private message me to join us Penguin number can be added: 3838974575


Cryptocurrency analyst and well-known KOL Amonyx has released the latest bold prediction, believing that Ripple (XRP) is expected to break through the $20 mark after confirming a key technical breakthrough.
The price structure chart attached to this analysis has attracted widespread attention, especially traders who have been tracking XRP trends for a long time. They all believe that this is an important signal after years of silence.




 Technical Chart: Long-term downward resistance line broken


Amonyx’s latest analysis points out that XRP is completing a technological breakthrough that spans several years.
The chart he shared shows that XRP successfully broke through the long-term downward trend line since the 2018 high and formed a stable ascending support structure, showing continued buying accumulation and capital inflows.

Analysts believe $3 is a key confirmation point:
If prices stabilize above this resistance, it may ignite a chain reaction in the market, triggering an accelerated rise.

From a morphological point of view, the current trend is highly consistent with the typical multi-year symmetrical triangle pattern - this type of pattern often indicates that the market is about to enter an expansion cycle, and is usually accompanied by increased trading volume and continuation confirmation of breakthrough candles.



 Market reaction: Optimism and skepticism coexist


While Amonyx believes the breakout is established, paving the way for $20 and beyond, community reaction remains divided.

  • User @Gino commented: “We have heard these super high goals too many times, and most of them have not been achieved in history. ”

  • Another user @Daze is worried that if XRP breaks through the $3 mark, large investors may take advantage of the situation to sell again, repeating the rebound and decline in the past few times.

Despite the skepticism, XRP’s current structure does show significant technical improvement when looking at the long-term charts.
Many observers believe that this breakout will be XRP’s true test after years of consolidation, and whether it succeeds or fails, it will reshape the market’s attention to its movements.

Current market data


According to CoinMarketCap data:

  • Current XRP price: $2.59

  • 24-hour gain: +3.64%

  • Increase in the past 7 days: +10%

This wave of gains has verified the return of bullish power in the short term and provided realistic support for Amonyx's predictions.
However, analysts remind that changes in market sentiment and liquidity may reverse at any time. Continuously confirming a breakthrough above $3 and maintaining an increase in trading volume are the keys to XRP maintaining its strength.

The technical signals are bright, but verification still takes time

XRP’s technical structure has undoubtedly shown signs of strength not seen in years;
However, judging from historical experience, a real breakthrough requires not only form confirmation, but also continued support from funds and confidence.

If the price can steadily break through 3 US dollars and continue to increase in volume, the target of 20 US dollars is far away, but it is not empty talk.;
If it falls back again, it may become another classic case of "false breakthrough".

If you don’t know what to do in the bull market, you are welcome to scan the code to join the group for free. The spot code and layout strategy of the bull market can be shared for free. Welcome to private message me to join us Penguin number can be added: 3838974575






精彩评论0
我有话说......
TA还没有介绍自己。