Analyst XRPunkie has shared an ambitious forecast for the cryptocurrency XRP, suggesting that it could reach $20 in the current market cycle.
XRP Price Forecast
The analysis was posted on X alongside a detailed monthly price chart illustrating key breakout levels and potential trajectories for the asset. In the post, XRPunkie described the outlook as “Just simple Technical Analysis,” confidently asserting that “Target of $20+- [$XRP] is a given. It shall happen by the end of this cycle.”
Market Timeline Assessment
In a follow-up exchange, an X user inquired XRPunkie about the estimated timeline for the end of the market cycle. XRPunkie responded with two possible scenarios: the rally could extend into the fourth quarter of 2025 or the first quarter of 2026. However, he also noted the possibility of the parabolic move completing much sooner, saying, “Or it could just completely finish its parabolic run by end Aug early Sept which is 30-60 days from now.”
Chart Historical Patterns
The chart accompanying the analysis demonstrated a clear breakout from a multi-year consolidation pattern, with previous resistance levels now acting as support. Arrows on the chart drew parallels between the 2017 breakout and the current move, showing similar steep upward price movement. A labeled marker near the projected top indicated the specific price target of $20.25, aligning with the broader technical narrative outlined by XRPunkie.
XRPunkie's forecast underscores confidence in the technical strength of the current market phase while acknowledging that timing can vary depending on market dynamics. The analyst is optimistic that the price rally will reach the $20 region within this cycle.
