Market Analyst "XRP is not dead"...presents a $20 rally scenario

▲ XRP/AI-generated image

An analysis suggests that XRP is maintaining an upward structure even amidst a prolonged period of price compression. Market analyst Cryptollica argued that XRP is “not dead, but compressed,” and that as long as the long-term chart structure remains unbroken, it could lead to a strong upward trend in the future.

The Crypto Basic reported on May 14 (local time) that Cryptollica analyzed, based on the XRP 10-day candlestick chart, that XRP's long-term upward support line has been maintained for approximately 10 years. He explained that XRP has continued its compression trend within the long-term structure formed after the 2017-2018 bull market, even while repeatedly failing to break through major resistance zones.

Cryptollica interpreted this not as a collapse but as compression. He believes that years of price pressure are confined within a single chart structure, and a breakout from this long-term structure could lead to significant results. He particularly emphasized that even during deep corrections, XRP defended its upward support line, meaning the multi-year structure of higher highs and higher lows has not completely broken down.

Multiple layers of upward resistance lines have formed at the top of the chart, and these resistance lines have acted as supply zones for XRP. The January 2018 high created the upper resistance line, and intermediate resistance lines were identified as areas that limited further upside around $0.78 in September 2018, $1.41 in September 2021, $3.40 in January 2025, and $3.67 in July 2025.

Furthermore, a downtrend line starting from the January 2018 high was also mentioned as a key resistance. This trend line limited XRP's ascent until its breakout in November 2024, after which XRP rose to highs in January and July 2025. The current price is analyzed to be close to retesting this downtrend line.

Cryptollica explained that strong upward movements have also occurred after similar compression structures in the past. From 2014 to 2017, XRP experienced several years of compression within a similar structure, followed by a strong expansion phase that led to its 2018 high. The current chart structure is also evaluated to show the potential for directional expansion after long-term compression, similar to the past.

According to the article, the cryptocurrency cycle engine chart is starting to recover from a level of 44, close to oversold territory, and is targeting 60. XRP is currently trapped between support near the downtrend line and the mid-resistance of a wide channel, and an analysis suggests that a clear breakout of resistance around $5 could lead to a parabolic expansion phase.

Cryptollica presented the next potential target price as the rising resistance zone around $20. This represents a 1,298% increase from the market price of $1.43 at the time of writing. He assessed that the upper resistance line of the channel is located above $38, which also remains a possible target. However, this outlook is based on the analyst's chart interpretation, and whether XRP's long-term compression structure leads to a breakout is presented as a key variable for future trends.

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