Today's XRP news: Analysts stick to a $20 cycle target, Ripple may first surge to $4 in the short term.

Despite the recent consolidation of Ripple (XRP) and a pullback in part of its pump, several well-known analysts still firmly believe that its macro bull run structure is intact, with long-term cycle targets still set in the range of 19 to 30 dollars. In the short term, technical charts show that XRP is building momentum within a symmetrical triangle, and a breakout is expected to first challenge the 4 dollar mark.

Pullback does not change the trend: XRP long-term target still looks above 20 dollars

Cryptocurrency analyst XForceGlobal pointed out that although XRP fell 22% after reaching a multi-year high of $3.66 on July 18, dropping to as low as $2.72, it has since rebounded to around $3 and has not broken the long-term upward structure.

He believes that the current "distribution period" is more like a healthy consolidation within the historical cycle, laying the foundation for the third wave of significant rebound (wave 3).

XForceGlobal stated: "We are very close to a significant pump, and there are currently no signs indicating a deeper pullback."

According to wave theory, the current structure still supports a macrocycle top target of 19 to 30 dollars, indicating that the XRP bull run is far from over.

Symmetrical Triangle Formation: Short-term Targeting 4 Dollars

(Source: Trading View)

The daily chart shows that XRP is trading within a symmetrical triangle formation, which is typically associated with a continuation pump.

Breakthrough Condition: Daily closing price consistently above 3 dollars

First resistance level: multi-year high of 3.66 USD

Short-term goal: After the breakout, it is expected to rise to 4 USD (about a 34% increase from the current price).

Senior trader Matthew Dixon also believes that this stage belongs to the "distribution phase" before a larger scale rebound in the fifth wave. Once it breaks through, it will initiate a new round of strong upward movement.

Technical and Fundamental Resonance: XRP May Experience Historic Pump

(Source: Trading View)

Analysts generally believe that if XRP can break through 3.66 USD, it will open a technical target range of 4 to 6 USD in the short term, while the long-term cycle target remains locked above 20 USD.

On the fundamental side, as institutional interest in altcoins rises and the application of XRP in cross-border payments and financial infrastructure continues to expand, market confidence in its long-term value is strengthening.

Conclusion

The current consolidation of XRP is not a signal of the end of the bull run, but rather more likely a power-up stage for the next wave of upward movement. In the short term, a breakthrough at 3.66 USD will open up space for 4 USD or even higher prices; in the long term, the target of 19 to 30 USD for the cycle top is still in sight. For investors, this may be a key moment to observe and prepare in advance. For more real-time market updates and in-depth analysis, please follow the official Gate platform.