A $20 XRP price target has resurfaced after crypto enthusiast Crypto Bitlord highlighted a post from Amonyx presenting a long-term Elliott Wave analysis. The chart projects XRP moving through
A $20 XRP price target has resurfaced after crypto enthusiast Crypto Bitlord highlighted a post from Amonyx presenting a long-term Elliott Wave analysis.
The chart projects XRP moving through another major upward sequence, with the final wave reaching around $20. While the target remains a technical projection rather than a confirmed outcome, the analysis has drawn attention because of the scale of the potential move shown on the chart.
This ripple:native chart to $20 actually looks feasible.
A 3 step Elliot wave.
Will be watching this one closely. https://t.co/8fMiCn7tmx
— Crypto Bitlord (@crypto_bitlord7) August 27, 2026
In the tweet highlighted by Crypto Bitlord, Amonyx stated that “$XRP is going to reach $20, and there’s nothing anyone can do about it.” The accompanying chart uses Elliott Wave labeling to outline a potential multi-stage price movement for XRP.
The chart tracks XRP’s historical price action from 2018 and marks several corrective and impulsive waves. It then applies a larger Elliott Wave structure to XRP’s more recent movement. The analysis identifies an initial upward wave, followed by a correction, before projecting another advance that could eventually take XRP toward the $20 region.
Amonyx’s projection places the potential $20 level later in the pattern rather than suggesting XRP will reach that price immediately. The chart shows projected waves extending through 2027, with the final wave labeled as Wave (5) reaching close to the $20 mark.
Crypto Bitlord drew attention to the analysis by highlighting the structure behind the prediction. In his commentary, he wrote, “This XRP chart to $20 actually looks feasible. A 3 step Elliot wave. Will be watching this one closely.”
The comment indicates that Crypto Bitlord sees the Elliott Wave structure as technically plausible and intends to monitor how XRP’s price develops relative to the projected pattern.
The chart does not present $20 as an immediate price objective. Instead, it outlines several stages that XRP would need to complete for the projection to materialize.
Following XRP’s previous major advances and corrections, the chart identifies a more recent decline toward the $1 area as a potential Wave (C). From there, it projects an upward Wave (1), a subsequent Wave (2) correction, and another stronger advance labeled Wave (3). The analysis then anticipates another correction before a final Wave (5) pushes XRP toward approximately $20.
This structure underpins the claim that the target could remain achievable if the Elliott Wave count holds.
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The post also received contrasting reactions. Jamie Sippitts questioned the prediction, pointing to how long similar XRP price targets have circulated. He wrote, “It’s a shame that we’ve been hearing this for the last 10 years…”
Baron took a more positive view of the technical setup. He commented, “Looks clean. If that 3-step Elliott count holds, $20 isn’t fantasy; it’s just later in the sequence. Watching with you.”
For now, the $20 level remains a projection based on technical analysis. The forecast’s validity will depend on whether XRP follows the wave structure identified on the chart as its price action develops over the coming years.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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The post Veteran Crypto Trader: This XRP Chart to $20 Actually Looks Feasible appeared first on Times Tabloid.
