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Details: ht
XRP Analysis: My $20 Target Stands Despite Distribution Signs
I've been tracking XRP closely through this pullback, and I'm still convinced we're heading to $20+ despite the recent weakness. After watching XRP drop from $3.66 to $2.72 (honestly frustrating after waiting years for this move), the recovery to $3 confirms what I've suspected all along - this is just distribution before the real fireworks.
Looking at the charts daily, I can see a symmetrical triangle forming that screams "breakout incoming." Trust me, I've watched this pattern play out countless times in crypto. When XRP finally closes above $3, we're heading straight for that $3.66 resistance, and then quickly to $4.
What mainstream traders don't understand is that XRP isn't following normal market logic. This distribution phase is exactly what happened in previous cycles before massive rallies. The market makers are accumulating while retail gets bored and sells - classic crypto playbook.
The Wave structure is forming perfectly - we're between Waves 1 and 2, with the explosive Wave 3 just around the corner. Every technical signal I'm watching indicates we're about to see one of the strongest upward moves in XRP's history.
I'm personally loading up more at these levels. The trading platforms might try to shake you out with volatility, but don't fall for it. While the short-term target sits around $4, my eyes remain firmly on that $20+ cycle target.
Institutions are finally waking up to altcoins, and XRP's unique position makes it prime for explosive growth. The triangle pattern confirms my thesis - distribution is nearly complete, and price discovery above $3.66 will be rapid.
When this thing moves, it'll move fast - the market cap arguments won't matter when FOMO kicks in. I've seen too many people miss these setups by overthinking market caps during bull runs.
#XRP
No financial advice. May include personal opinions.