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XRP Analysts Still Target $20 Despite ’Distribution’ Pullback - Here’s Why

XRP Analysts Still Target $20 Despite ’Distribution’ Pullback - Here’s Why

Author:
tipranks
Published:
2025-08-28 15:05:11
11
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XRP's recent pullback looks more like a strategic pause than a breakdown—analysts maintain their bullish $20 targets despite what they're calling 'distribution pressure.'

The Big Picture

Market watchers see this dip as healthy profit-taking rather than fundamental weakness. Trading volumes remain elevated, and institutional interest hasn't wavered—even as retail traders panic-sell over minor corrections.

Technical Resilience

Key support levels held firm during the pullback, suggesting strong accumulation beneath the surface. The $20 price target assumes continued adoption in cross-border payments and regulatory clarity finally working in XRP's favor.

Because nothing says 'sound investment' like digital assets that swing 20% on a billionaire's tweet and regulatory whim.

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XRP’s Macro Bullish View Holds Firm

XRP has been moving inside a symmetrical triangle, a pattern that often precedes big breakouts. Analyst XForceGlobal argues the price action looks more like consolidation than collapse. In their view, the “distribution” period is simply the market reshuffling before the next push higher.

The analyst pointed to past cycles where similar pullbacks led to powerful upside moves. Even with resistance around $4, they see no technical signals pointing to a deeper breakdown. Instead, they suggest two possible paths: a direct breakout from here or more sideways chop before a larger rally. In both cases, the longer-term target stays in the $19–$30 zone.

$4 Breakout Remains the Near-Term Focus

On the shorter time frame, the focus is whether XRP can close above $3 and confirm a breakout from its triangle. A move through $3.66, the recent multi-year high, WOULD be needed to open the way to $4 and beyond.

Veteran trader Matthew Dixon shares a similar view, describing the current structure as a holding phase before a fresh advance. Charts he shared show the token moving toward $4 once buyers reclaim control. Other analysts have mapped short-term targets in the $4.40 to $6 range, reinforcing the case for continuation.

Traders Watching for Confirmation

XRP is not done yet. The near-term battle is at $3 and $3.66, which bulls need to clear before momentum can drive a new leg higher. If that happens, the charts suggest $4 is the immediate stop and $20 still sits ahead as the cycle’s main target.

At the time of writing, XRP is sitting at $3.0148.

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