TimesTabloid
2026-01-08 23:30:14

Analyst: XRP Could Still Reach $20 This Cycle. Here’s The Proof

As XRP attempts to build on its recent rebound, a well-known Elliott Wave analyst has outlined why a move toward $20 remains within the realm of possibility during the current market cycle. The assessment comes as XRP shows renewed strength after recovering from a steep decline late last year, prompting fresh debate about its long-term upside. XRP entered 2026 with notable momentum , gaining more than 20% in the first week of the year. This advance followed a difficult fourth quarter in 2025, when the asset lost over a third of its value and briefly fell below the psychologically important $2 threshold. The subsequent recovery above that level has encouraged analysts to reassess XRP’s broader structure and its position within the current cycle. Among those weighing in is XForceGlobal, a South Korea-based market analyst known for applying Elliott Wave theory to digital assets. He argues that dismissing higher price scenarios too early may cause investors to overlook what the market structure is signaling. $XRP Here's PROOF that #XRP can easily go to $5 this cycle (and even up to $20+) using pattern recognition from the Elliott Wave Theory and market psychology. pic.twitter.com/RK9oBneqJt — XForceGlobal (@XForceGlobal) January 5, 2026 XRP’s Post-Rally Behavior Signals Structural Strength According to XForceGlobal, XRP is displaying behavior that differs meaningfully from previous market cycles. He notes that after earlier peaks, most notably in 2018 and 2022, XRP failed to sustain elevated price levels and quickly retraced much of its gains. In contrast, following its surge in late 2024, the asset maintained relatively high levels for an extended period. The analyst emphasized that XRP has spent an unusually long time consolidating near its historical highs rather than returning to much lower price zones. In his view, this prolonged stabilization suggests the market has established a stronger base than in prior cycles. He identified the $2 area as a critical reference point, describing it as a developing support level that is currently being tested by market participants. This prolonged consolidation phase, he explained, is uncommon in XRP’s trading history and may indicate a shift in how the asset is being valued over longer timeframes. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 Interpreting XRP’s Current Correction Through Elliott Wave Theory XForceGlobal also addressed the corrective phase XRP appears to have undergone. Under Elliott Wave principles, corrective movements typically take the form of zigzags, flats, or triangles. After reviewing XRP’s recent price action, he ruled out a triangular formation, citing the absence of sustained price compression. Instead, he believes XRP’s structure aligns more closely with a flat correction. Within that category, he pointed to the likelihood of a running flat, a formation in which price holds above prior lows while producing misleading short-term movements. According to his analysis, XRP’s recent behavior fits this profile, as the market has maintained key support while producing sharp but temporary fluctuations. He further stated that the significant decline recorded in the fourth quarter of 2025 may have completed the final leg of this corrective pattern. While he acknowledged that an additional pullback toward the $1.30–$1.50 range cannot be entirely excluded, he stressed that the evidence increasingly favors the view that the correction has largely concluded. Potential Price Targets if the Uptrend Continues From XForceGlobal’s perspective, the recent advance appears impulsive rather than corrective, a distinction that often signals the early stages of a broader upward trend. If this interpretation holds, XRP may now be entering the first phase of a new multi-wave advance. Based on this framework, he identified $5 as a conservative objective for the cycle. Beyond that, he outlined higher projections at $10 and $20 , contingent on continued momentum and sustained participation from buyers. In a more aggressive scenario, he suggested that prices could extend even further if market conditions remain favorable. While these projections remain speculative and dependent on broader market dynamics, the analyst’s core argument is that XRP’s current structure does not invalidate higher targets. Instead, he believes the asset’s ability to hold elevated levels over time has altered the long-term outlook, keeping ambitious price scenarios in consideration. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on Twitter , Facebook , Telegram , and Google News The post Analyst: XRP Could Still Reach $20 This Cycle. Here’s The Proof appeared first on Times Tabloid .

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