XRP could climb as high as $20 if a breakout pattern from 2018 repeats itself, according to pseudonymous Korean financial analyst Ninedex.
That scenario, while not his main call, hinges on the token breaking out of the upper edge of a channel structure that has shaped its price movement for over a decade.
The Long Road From $1.34Based on his analysis, that support sits just above the lower boundary of the channel’s middle layer and aligns with the Fibonacci 0.382 level, which corresponds to the $1.40 price area.
The zone was built over an extended period between 2022 and 2024, which is why he considers it one of the strongest long-term support levels in XRP’s history.
XRP spent its early years in the lower section of that channel before a broad crypto rally in early 2017 pushed it into the middle range. It briefly entered the upper channel in January 2018 when prices surged above $3, but a sharp correction followed and pulled it back into the middle layer.
Ninedex says the token has stayed there for the past eight years, and its ability to hold that zone is what keeps it among the major assets in the market rather than slipping back to minor status.
26.05.25 리플 코인 분석.
리플 주봉을 분석해보겠습니다. 리플의 경우 철저히 자본팽창을 추종하며, 연성장 32%의 기울기를 가지고 있으며, 14년~16년이후 소형알트에서 메이저 알트가 되며, 채널이 한 계단 상승하였습니다. (옥석이 가려진 몇몇 소형 알트들의 미래라고 생각함.)
The transition from a small altcoin to a top-tier asset happened precisely because XRP moved up a layer in the channel during that 2017 cycle, he argues.
Technicals Back The Bullish ReadNinedex pointed to two technical signals that support his outlook. The weekly stochastic indicator has bounced from 15 points to 20 points — a level he says has historically marked one of XRP’s rare oversold conditions.
The MACD, meanwhile, has formed a golden cross on its EMA lines, with the oscillator moving back into positive territory, which he reads as a sign that market momentum is turning upward.
Featured image from Unsplash, chart from TradingView
