Technical analyst and prominent member of the XRP community, XRPunkie, has shared an ambitious price target for XRP, forecasting that the price will rise above $20 in the current market cycle.
The analysis was published on X along with a detailed monthly price chart illustrating key breakout levels and the potential trajectory of the asset.
In the tweet, XRPunkie describes the outlook as "Just Simple Technical Analysis," confidently asserting: "The $20+- target is certain. It will happen by the end of this cycle."
The attached chart shows a long-term view of XRP/USD on the Bitstamp exchange, highlighting previous peaks, trend lines, and strong bullish forecasts around $20.25.
The chart illustrates a historical breakout pattern similar to the 2017-2018 price surge, with price movements seemingly repeating a strong parabolic increase. At the time this article was published, XRP was trading slightly above $3.45 on the monthly chart.
Estimated Time for the End of the Cycle
In a subsequent exchange, a user on X, NewPathsX, asked XRPunkie about the estimated timeframe for the end of the market cycle. "PUNKIE, how do you estimate the timeframe for the end of the cycle?" they asked. XRPunkie responded with two possible scenarios based on market dynamics and historical patterns.
According to the analyst, the price surge could extend into Q4 2025 or Q1 2026. However, he also notes the possibility that the parabolic price increase could end much sooner, stating: "Or it could completely end the parabolic price increase by the end of August, beginning of September, which is about 30-60 days from now."
Chart Highlights Historical Breakout Patterns
The accompanying chart with the analysis shows a clear breakout from a multi-year consolidation pattern, with previous resistance levels now acting as support.
The arrows on the chart indicate similarities between the 2017 breakout and the current movement, suggesting a similar strong price volatility. A marked point labeled near the expected peak shows a specific price target of $20.25, consistent with the overall technical analysis presented by XRPunkie.
Confident to Reach $20 in This Cycle
The forecast is made in the context of a more optimistic digital asset market and the increasing interest of institutions in blockchain-based payment solutions. Although no specific external driving factors are mentioned, this analysis focuses solely on price structure, historical patterns, and cyclical behavior observed on the long-term chart.
By providing both a price target and a flexible timeframe, XRPunkie's commentary emphasizes confidence in the technical strength of the current market phase, while acknowledging that timing may vary depending on market dynamics. Whether the bullish run ends as early as the end of August or extends into early 2026, the analyst remains confident that the $20 range will be achieved in this cycle.