XRP Price Faces Resistance Before Long-Term $20 Target

XRP traded above the $3 level most of this week. According to analysts, looking ahead, the $4 level is critical before any potential long-term move toward $20.

Could the token sustain momentum beyond this threshold?

XRP Price Tested Key Resistance Level

The XRP price approached $4 resistance, a psychological and technical barrier. Analysts said the level was important because it marked uncharted territory.

The last comparable move happened in 2017, when the XRP price peaked near $3.80 during the bull run.

According to XForceGlobal on X, the $4 line defined the next stage for the token. The analyst highlighted it as a decision point that could either reject or confirm broader bullish momentum.

Traders compared the zone to earlier cycle highs and saw it as a signpost for institutional attention.

Community discussions also focused on this barrier. A user named Lapeh Gerd asked whether the level reflected new institutional interest.

Market participants considered the zone both a technical and psychological marker.

Ripple’s ongoing developments added context. The company’s business in cross-border payments continued to attract partners.

Observers said the growing ecosystem gave fundamental backing, but the $4 level still needed to be surpassed for momentum to continue.

XRP Price Outlook Shaped by Elliott Wave Theory

XForceGlobal applied Elliott Wave analysis to the XRP price chart. Elliott Wave theory interprets price patterns as repetitive waves. The analyst described two possible scenarios.

The first scenario suggested a bullish impulse, where the token could break out strongly once $4 resistance was cleared. In this view, the move would set the foundation for higher levels toward $20.

The second scenario suggested a corrective Wave 1-2 flat pattern. This case assumed the token would consolidate longer before any sharp move.

Analysts said both paths still allowed a long-term target of $20, provided macro conditions aligned.

At press time, TradingView data showed technical tools such as Moving Averages and Ichimoku Cloud rated XRP as a “sell.”

These indicators compared short-term momentum to longer averages and cloud formations, signaling weakness.

Analysts said this meant short-term caution was justified, even if the broader picture suggested growth potential.

Despite a short-term drop of around 6% over 24 hours, analysts recalled earlier history. During 2017 and 2018, the XRP price rallied several hundred percent before retracing.

Observers said similar patterns might repeat if conditions matched.

Market Confidence After SEC Case Resolution

Ripple’s legal dispute with the US Securities and Exchange Commission ended in 2023. The case had centered on whether XRP qualified as a security.

The resolution removed a major legal overhang that weighed on sentiment for years.

Following the outcome, the XRP price nearly doubled in weeks. CoinGecko data showed the token climbed from around $1.80 in early April 2025 to about $3.50 later that month.

The move represented a 99% gain. Analysts said this surge reflected renewed confidence after regulatory clarity.

Market participants considered the event a key driver of institutional interest.

While no peer-reviewed study linked legal outcomes directly to technical resistance, the community saw the reaction as evidence of confidence.

Analysts said this explained why the $4 level now carried symbolic weight.

The community on X echoed optimism. An account named XRP-ARMY-GOO suggested 2027 could mark the cycle where the token aimed for double digits.

Analysts treated such views as speculative but noted the enthusiasm surrounding long-term prospects.

Looking Ahead to the $20 Target

The long-term target of $20 for the XRP price remained speculative. Analysts said macroeconomic conditions would play a role.

These included global regulation, adoption of payment systems, and institutional entry.

The immediate challenge stayed with $4. Clearing and holding that level would signal whether momentum could continue.

Historical cycles suggested that once major resistance broke, the token often moved faster to higher ranges.

For now, technical tools at press time showed bearish signals. Yet the long-term scenarios outlined by Elliott Wave theory kept the $20 vision in focus.

Observers said the path forward would depend on market alignment between technical signals, legal clarity, and adoption.

The XRP price, therefore, remained at a crossroads. Analysts said the outcome at $4 would define whether the token could sustain momentum or remain capped below key resistance.