Market Analyst: "XRP is not dead"...Presents $20 Rally Scenario

▲ XRP/AI-generated image

An analysis has emerged that XRP is maintaining an upward structure even within a prolonged price compression period. Market analyst Cryptollica asserted that XRP is “not dead, but in a compressed state,” and that since the long-term chart structure has not broken down, it could lead to a strong upward trend in the future.

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

Cryptollica interpreted this as compression, not a breakdown. He believed that years of price pressure are confined within a single chart structure, and if a breakout occurs from this long-term structure, the results could be significant. He particularly emphasized that even while XRP underwent deep corrections, it defended its upward support line, preventing the multi-year structure of higher highs and higher lows from completely collapsing.

Several 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 presented as zones 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 originating from the January 2018 high was also mentioned as a key resistance. This trendline limited XRP's upside until its breakout in November 2024, after which XRP rose to highs in January and July 2025. The current price is analyzed to be nearing a retest of this downtrend line.

Cryptollica explained that strong uptrends have also appeared after similar compression structures in the past. From 2014 to 2017, XRP was compressed for several years within a similar structure, then experienced a strong expansion phase leading to its 2018 high. The current chart structure is also evaluated to show the possibility of directional expansion after long-term compression, similar to the past.

According to the article, the crypto cycle engine chart has begun recovery from a level of 44, close to the oversold zone, aiming for 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 break above the resistance around $5 could lead to a parabolic expansion phase.

Cryptollica presented an upward resistance zone around $20 as the next potential target price. This represents a 1,298% increase compared to 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 was presented as a key variable for future trends.

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