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Reading: XRP targets $20 after repeating technical setup, analyst says
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COINTURK NEWS > Ripple (XRP) > XRP targets $20 after repeating technical setup, analyst says
Ripple (XRP)

XRP targets $20 after repeating technical setup, analyst says

In Brief

  • 🚨 Analyst says $XRP could repeat past rallies and hit $20 if chart pattern holds.

  • 📈 XRP is trading at $1.39, approaching a key support trendline seen in previous surges.

  • 🕒 Earlier rallies using this trendline resulted in gains over 1,000% and 600%.

  • 📊 Investors are turning to real-time chart tools for an edge in volatile markets.
Onur Atam
Onur Atam 44 minutes ago
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Crypto market analyst Steph Is Crypto (@Steph_iscrypto) recently sparked discussion by sharing a two-week XRP/USD chart accompanied by the claim, “I believe $XRP is about to crash HARD.” At first glance, this statement and accompanying chart appeared to signal an impending severe decline for XRP. However, further examination of the chart’s configuration reveals a much more optimistic technical outlook.

Contents
Inverted Chart Reveals Bullish PatternProjection Points Toward $20Tools Help Traders Navigate Volatility

Inverted Chart Reveals Bullish Pattern

The chart presented by the analyst uses an inverted price scale, which means that the apparent downward move actually indicates a price increase. What seems like a descending resistance trendline on first inspection is, after correction, a rising support structure. Recognizing this distinction is critical to understanding the chart’s true message.

The trendline highlighted in the chart has played a key role in two of XRP’s most notable rallies in recent years. During the 2021 surge, the chart notes a gain of 1,057.03%, and in late 2024, the rally measured 629.07%. In both cases, upward momentum began after XRP touched this same trendline, suggesting a recurring technical pattern.

At present, XRP is once again approaching this support trendline after a period of prolonged consolidation since mid-2025. As its price compresses toward the trendline, the setup echoes previous conditions that triggered major rallies. If the pattern continues, it could serve as the basis for another significant move in the asset’s price.

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The rising support line on the chart has played an active role in XRP’s two largest recent rallies, marking gains of 1,057.03% in 2021 and 629.07% in late 2024, both originating from the same trendline.

Projection Points Toward $20

The chart includes a projection for a potential third rally, marked at 2,075.22%, which suggests an upside target around $20. According to the methodology used on the chart, this projection begins from the cycle’s low near $1. A move of this magnitude would set a new historic high for XRP at approximately $20.75.

Despite a recent increase of 50% in just 65 hours, the chart’s projection relies on the technical repetition of past rallies off the established support line. As of the latest session, XRP trades at $1.39, placing its price near the trendline that previously triggered substantial bullish moves.

Given this recurring structure, the analyst’s post has caught the attention of traders watching for high probability technical setups. However, some readers were initially misled by the inverted scale, anticipating a crash rather than a potential surge.

A reader interpreting the chart without accounting for the inversion would walk away expecting a collapse. A reader who considers the inversion will see that a substantial rally may be in development.

Tools Help Traders Navigate Volatility

In a market where a single Federal Reserve decision or an unexpected altcoin listing can trigger rapid volatility, the importance of accurately analyzing technical indicators is growing. Investors seeking an edge are consolidating their resources with privacy-first platforms like CryptoAppsy. This allows them to monitor real-time price charts, receive intelligent alerts, access coin-specific news, and view macroeconomic data—without the friction of multiple apps or mandatory account creation—all in one dedicated dashboard.

As XRP approaches a critical technical level that has historically launched rallies, many traders remain focused on whether the asset will repeat its past performance. The ongoing setup continues to attract significant attention from both technical analysts and the broader crypto investor community.

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Onur Atam 31 August, 2026 - 8:27 pm 31 August, 2026 - 8:27 pm
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Onur Atam
By Onur Atam
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The author, who is an attorney, specializes primarily in Information Technology Law and Commercial Law. His areas of interest include internet technologies, the cryptocurrency ecosystem, blockchain applications, and next-generation financial technologies.He closely follows developments in digital assets, cryptocurrency regulations, fintech applications, e-commerce, data security, and areas where technology intersects with the law. His goal is to provide a clear and accessible analysis of current developments in the fields of cryptocurrency and financial technologies from a legal perspective.
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