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Here's Why XRP Price Will Hit $20
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</style> <div class="custom-post-template"> <div class="singlearticles"> <article id="post-226535" class="post-226535 markets type-markets status-publish format-standard has-post-thumbnail category-price-analysis tag-ripple-xrp tag-xrp tag-xrp-price"> <div class="row bggraydient "> <div class="col-lg-8 tabwiths1"> <header class="entry-header clearfix"> <div class="row"> <div class="col-lg-12 newtwst"> <!-- custom-page-title--> <div class="custom-page "> <div class="mobile-only text-center mb-2 headads"> <!-- Before_title_Mobile_Dynamic [javascript] --> <script type="rocketlazyloadscript" data-rocket-type="text/javascript"> var rnd = window.rnd || Math.floor(Math.random()*10e6); var pid610696 = window.pid610696 || rnd; var plc610696 = window.plc610696 || 0; var abkw = window.abkw || ''; var absrc = 'https://servedbyadbutler.com/adserve/;ID=180936;size=0x0;setID=610696;type=js;sw='+screen.width+';sh='+screen.height+';spr='+window.devicePixelRatio+';kw='+abkw+';pid='+pid610696+';place='+(plc610696++)+';rnd='+rnd+';click=CLICK_MACRO_PLACEHOLDER'; document.write('<scr'+'ipt src="'+absrc+'" type="text/javascript"></scr'+'ipt>'); </script> </div> <div class="breadcrumb breadcrumbPag mt-lg-0 mt-3"> <span><a href="https://coingape.com/">Home</a></span> / <span class="analytics_category"><a href="https://coingape.com/category/price-analysis/">Price Analysis</a></span> / <span class="breadcrumb_last" aria-current="page">Here’s Why XRP Price Will Hit $20</span></span> </div> <!-- <div class="pre-textCate"> <a href="https://coingape.com/category/price-analysis/"> Price Analysis </a> </div> --> <h1 class="c-title entry-title tittle">Here’s Why XRP Price Will Hit $20</h1> </div> <div class="postsummary"> XRP price surges after gaining momentum. Ripple’s bullish breakout, regulatory optimism, and market alignment position it for growth </div> <!-- <div class="new-text-ads"> <div class="static-text-ad"><span class="d-on">Promoted</span><span class="m-on">Ad</span></div> <a href="https://bit.ly/46DurBq" class="text-ads d-on">$PIKA – Fastest-growing GameFi token. 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class="col-md-12"> <div class="keyfeatures"> <p class="kf_font">Highlights</p> <ul> <li>Ripple’s bullish breakout signals explosive potential in crypto markets.</li> <li>Regulatory optimism grows as XRP price eyes significant market advancements.</li> <li>Market alignment drives Ripple’s growth as Bitcoin fuels optimism.</li> </ul> </div> </div> <div class="col-lg-12 col-content"> <div class="main c-content"> <div class="m-on mb-3 tab-off text-center" > </div> <p><span style="font-weight: 400;">XRP price has remained within an upward trading range in recent weeks, reflecting strong bullish sentiment for the cryptocurrency. The recent price surge aligns with a broader market rally, signaling growing momentum in XRP’s favor. Analysts maintain a positive outlook, with some forecasting a potential breakout that could drive XRP to $20 levels. </span><h2><strong>Why XRP Price Will Trigger Exponential Rally to $20</strong></h2><p><span style="font-weight: 400;">XRP price has successfully ended a downtrend that persisted since 2018, signaling potential explosive price movements ahead. Analysts highlight this breakthrough as a significant moment, with Fibonacci extension levels indicating ambitious price targets.</span></p><div class="mobileAfads m-on"></div><p><span style="font-weight: 400;">Based on the analysis, the first target lies at the 161.8% Fibonacci extension level, marking $1.88. Following this, higher projections include the 261.8% level at $5.85 and the 361.8% extension at $18.22. This suggests a potential surge in XRP’s valuation as it enters uncharted territory.</span></p><div class="midadsafter"></div> <!-- WP QUADS Content Ad Plugin v. 2.0.86.1 --> <div class="quads-location quads-ad90952 " id="quads-ad90952" style="float:none;text-align:center;padding:0px 0 0px 0;" data-lazydelay="3000"> <div class="ad1"><div class="advertised"><span class="ad-placeholder">advertisement</span></div> </div> <!-- <div id="my-banner-ad" class="d-inline-block"></div> <script type="rocketlazyloadscript"> adClient.showBannerAd({ adUnitId: "34683725-0f88-4d49-ac24-81fc2fb7de8b", containerId: "my-banner-ad" }); </script>--> <!-- AfterFirstParagraphDesk7289x90 [async] --> <script type="rocketlazyloadscript" data-rocket-type="text/javascript">if (!window.AdButler){(function(){var s = document.createElement("script"); s.async = true; s.type = "text/javascript";s.src = 'https://servedbyadbutler.com/app.js';var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n);}());}</script> <script type="rocketlazyloadscript" data-rocket-type="text/javascript"> var AdButler = AdButler || {}; AdButler.ads = AdButler.ads || []; var abkw = window.abkw || ''; var plc591992 = window.plc591992 || 0; document.write('<'+'div id="placement_591992_'+plc591992+'"></'+'div>'); AdButler.ads.push({handler: function(opt){ AdButler.register(180936, 591992, [728,90], 'placement_591992_'+opt.place, opt); }, opt: { place: plc591992++, keywords: abkw, domain: 'servedbyadbutler.com', click:'CLICK_MACRO_PLACEHOLDER' }}); </script> </div> <p> <figure id="attachment_226536" aria-describedby="caption-attachment-226536" style="width: 2560px" class="wp-caption aligncenter"><img decoding="async" class="size-full wp-image-226536" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%202560%201526'%3E%3C/svg%3E" alt="Here's Why XRP Price Will Hit $20" width="2560" height="1526" data-lazy-srcset="https://coingape.com/wp-content/uploads/2024/11/Source-X-11-scaled.jpeg 2560w, https://coingape.com/wp-content/uploads/2024/11/Source-X-11-300x179.jpeg 300w, https://coingape.com/wp-content/uploads/2024/11/Source-X-11-1224x729.jpeg 1224w, https://coingape.com/wp-content/uploads/2024/11/Source-X-11-768x458.jpeg 768w, https://coingape.com/wp-content/uploads/2024/11/Source-X-11-1536x915.jpeg 1536w, https://coingape.com/wp-content/uploads/2024/11/Source-X-11-2048x1220.jpeg 2048w, https://coingape.com/wp-content/uploads/2024/11/Source-X-11-150x89.jpeg 150w" data-lazy-sizes="(max-width: 2560px) 100vw, 2560px" data-lazy-src="https://coingape.com/wp-content/uploads/2024/11/Source-X-11-scaled.jpeg" /><noscript><img decoding="async" class="size-full wp-image-226536" src="https://coingape.com/wp-content/uploads/2024/11/Source-X-11-scaled.jpeg" alt="Here's Why XRP Price Will Hit $20" width="2560" height="1526" srcset="https://coingape.com/wp-content/uploads/2024/11/Source-X-11-scaled.jpeg 2560w, https://coingape.com/wp-content/uploads/2024/11/Source-X-11-300x179.jpeg 300w, https://coingape.com/wp-content/uploads/2024/11/Source-X-11-1224x729.jpeg 1224w, https://coingape.com/wp-content/uploads/2024/11/Source-X-11-768x458.jpeg 768w, https://coingape.com/wp-content/uploads/2024/11/Source-X-11-1536x915.jpeg 1536w, https://coingape.com/wp-content/uploads/2024/11/Source-X-11-2048x1220.jpeg 2048w, https://coingape.com/wp-content/uploads/2024/11/Source-X-11-150x89.jpeg 150w" sizes="(max-width: 2560px) 100vw, 2560px" /></noscript><figcaption id="caption-attachment-226536" class="wp-caption-text">Source- <a rel="nofollow" href="https://x.com/DefendDark/status/1860065308867985919">X</a></figcaption></figure> </p><h2><strong>3 Reasons Why Ripple Will Hit $20</strong></h2><p><span style="font-weight: 400;">Gary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), has announced plans to resign effective January 20, 2025, the day after President-elect Donald Trump’s inauguration. </span></p><p><span style="font-weight: 400;">Gensler, who has served since April 2021, will leave the SEC entirely. Aggressive enforcement has defined his leadership, particularly in the cryptocurrency sector, drawing significant attention from industry stakeholders.</span></p><html><body> <!-- WP QUADS Content Ad Plugin v. 2.0.86.1 --> <div class="quads-location quads-ad194629 " id="quads-ad194629" style="float:none;text-align:center;padding:0px 0 0px 0;" data-lazydelay="3000"> <!-- Markets_Textad [js] --> <script type="rocketlazyloadscript" data-rocket-type="text/javascript"> var rnd = window.rnd || Math.floor(Math.random()*10e6); var pid606670 = window.pid606670 || rnd; var plc606670 = window.plc606670 || 0; var abkw = window.abkw || ''; var absrc = 'https://servedbyadbutler.com/adserve/;ID=180936;size=0x0;setID=606670;type=js;sw='+screen.width+';sh='+screen.height+';spr='+window.devicePixelRatio+';kw='+abkw+';pid='+pid606670+';place='+(plc606670++)+';rnd='+rnd+''; document.write('<scr'+'ipt src="'+absrc+'" type="text/javascript"></scr'+'ipt>'); </script> </div> <script>"use strict";function wprRemoveCPCSS(){var preload_stylesheets=document.querySelectorAll('link[data-rocket-async="style"][rel="preload"]');if(preload_stylesheets&&0<preload_stylesheets.length)for(var stylesheet_index=0;stylesheet_index<preload_stylesheets.length;stylesheet_index++){var media=preload_stylesheets[stylesheet_index].getAttribute("media")||"all";if(window.matchMedia(media).matches)return void setTimeout(wprRemoveCPCSS,200)}var elem=document.getElementById("rocket-critical-css");elem&&"remove"in elem&&elem.remove()}window.addEventListener?window.addEventListener("load",wprRemoveCPCSS):window.attachEvent&&window.attachEvent("onload",wprRemoveCPCSS);</script><noscript><link rel='stylesheet' id='quads-style-css-css' href='https://coingape.com/wp-content/plugins/quick-adsense-reloaded/includes/gutenberg/dist/blocks.style.build.css?ver=2.0.86.1' type='text/css' media='all' /><link rel='stylesheet' id='dscf7-math-captcha-style-css' href='https://coingape.com/wp-content/plugins/ds-cf7-math-captcha/assets/css/style.css?ver=6.7.1' type='text/css' media='1' /><link data-minify="1" rel='stylesheet' id='parent-style-css' href='https://coingape.com/wp-content/cache/min/1/wp-content/themes/mh-magazine/style.css?ver=1732711127' type='text/css' media='all' /><link rel='stylesheet' id='bootstrap-css-css' href='https://coingape.com/wp-content/themes/coingapev3/css/bootstrap.min.css?ver=6.7.1' type='text/css' media='all' /><link rel='stylesheet' id='Carousel-css2-css' href='https://coingape.com/wp-content/themes/coingapev3/css/owl.carousel.min.css?ver=6.7.1' type='text/css' media='all' /><link data-minify="1" rel='stylesheet' id='Carousel-css-css' href='https://coingape.com/wp-content/cache/min/1/wp-content/themes/coingapev3/css/owl.theme.default.css?ver=1732711127' type='text/css' media='all' /><link data-minify="1" rel='stylesheet' id='mh-magazine-css' href='https://coingape.com/wp-content/cache/min/1/wp-content/themes/coingapev3/style.css?ver=1732711128' type='text/css' media='all' /><link data-minify="1" rel='stylesheet' id='mh-font-awesome-css' href='https://coingape.com/wp-content/cache/min/1/wp-content/themes/mh-magazine/includes/font-awesome.min.css?ver=1732711128' type='text/css' media='all' /><link data-minify="1" rel="stylesheet" href="https://coingape.com/wp-content/cache/min/1/wp-content/themes/coingapev3/maincss.css?ver=1732711128"><link data-minify="1" rel="stylesheet" href="https://coingape.com/wp-content/cache/min/1/wp-content/themes/coingapev3/mobile.css?ver=1732711128"></noscript></body></html><p><span style="font-weight: 400;">Ripple’s potential to reach $20 has fueled excitement, especially with speculation about the next SEC Chair. Discussions on social media highlight Brian Brooks, former Binance CEO, and a Hedera Foundation board member, as a leading candidate to replace Gary Gensler. </span></p><div class="middleAdsInfinityMobile m-on"></div><div class="middleAdsInfinity d-on"></div><p><span style="font-weight: 400;">Notably, Brooks is a strong advocate for blockchain innovation, including XRP. His appointment could signal regulatory shifts favoring cryptocurrencies. This possibility has driven optimism in the Ripple community, linking regulatory clarity with XRP’s market performance.</span></p><p><span style="font-weight: 400;">Ripple’s XRP has experienced a remarkable rally, surging 40% in the past week and 180% over the month. The cryptocurrency’s price climbed from $0.60 to over $1, signaling strong bullish momentum. This upward trend aligns with Bitcoin’s rise above $98,000, which has fueled optimism across the</span><a href="https://coingape.com/cryptocurrency-prices-today-nov-23-btc-at-98k-hbar-surges-25-and-xlm-rises-55/"><span style="font-weight: 400;"> crypto market</span></a><span style="font-weight: 400;">.</span></p><html><body> <!-- WP QUADS Content Ad Plugin v. 2.0.86.1 --> <div class="quads-location quads-ad174767 " id="quads-ad174767" style="float:none;text-align:center;padding:0px 0 0px 0;" data-lazydelay="3000"> <!-- Before_LastParagraph_Desk_textad [js] --> <script type="rocketlazyloadscript" data-rocket-type="text/javascript"> var rnd = window.rnd || Math.floor(Math.random()*10e6); var pid700530 = window.pid700530 || rnd; var plc700530 = window.plc700530 || 0; var abkw = window.abkw || ''; var absrc = 'https://servedbyadbutler.com/adserve/;ID=180936;size=0x0;setID=700530;type=js;sw='+screen.width+';sh='+screen.height+';spr='+window.devicePixelRatio+';kw='+abkw+';pid='+pid700530+';place='+(plc700530++)+';rnd='+rnd+''; document.write('<scr'+'ipt src="'+absrc+'" type="text/javascript"></scr'+'ipt>'); </script> </div> <noscript><link rel='stylesheet' id='quads-style-css-css' href='https://coingape.com/wp-content/plugins/quick-adsense-reloaded/includes/gutenberg/dist/blocks.style.build.css?ver=2.0.86.1' type='text/css' media='all' /><link rel='stylesheet' id='dscf7-math-captcha-style-css' href='https://coingape.com/wp-content/plugins/ds-cf7-math-captcha/assets/css/style.css?ver=6.7.1' type='text/css' media='1' /><link data-minify="1" rel='stylesheet' id='parent-style-css' href='https://coingape.com/wp-content/cache/min/1/wp-content/themes/mh-magazine/style.css?ver=1732711127' type='text/css' media='all' /><link rel='stylesheet' id='bootstrap-css-css' href='https://coingape.com/wp-content/themes/coingapev3/css/bootstrap.min.css?ver=6.7.1' type='text/css' media='all' /><link rel='stylesheet' id='Carousel-css2-css' href='https://coingape.com/wp-content/themes/coingapev3/css/owl.carousel.min.css?ver=6.7.1' type='text/css' media='all' /><link data-minify="1" rel='stylesheet' id='Carousel-css-css' href='https://coingape.com/wp-content/cache/min/1/wp-content/themes/coingapev3/css/owl.theme.default.css?ver=1732711127' type='text/css' media='all' /><link data-minify="1" rel='stylesheet' id='mh-magazine-css' href='https://coingape.com/wp-content/cache/min/1/wp-content/themes/coingapev3/style.css?ver=1732711128' type='text/css' media='all' /><link data-minify="1" rel='stylesheet' id='mh-font-awesome-css' href='https://coingape.com/wp-content/cache/min/1/wp-content/themes/mh-magazine/includes/font-awesome.min.css?ver=1732711128' type='text/css' media='all' /><link data-minify="1" rel="stylesheet" href="https://coingape.com/wp-content/cache/min/1/wp-content/themes/coingapev3/maincss.css?ver=1732711128"><link data-minify="1" rel="stylesheet" href="https://coingape.com/wp-content/cache/min/1/wp-content/themes/coingapev3/mobile.css?ver=1732711128"></noscript></body></html><p><span style="font-weight: 400;"> If the bullish pressure mounts, more pressure could propel </span><a href="https://coingape.com/best-altcoins/"><span style="font-weight: 400;">top altcoin</span></a><span style="font-weight: 400;"> to new heights, potentially reaching $20 in this cycle. Market sentiment remains optimistic as Ripple’s consistent growth positions it as a key player in the ongoing crypto surge. At the time of writing, the </span><a href="https://coingape.com/price/xrp/"><span style="font-weight: 400;">price of XRP </span></a><span style="font-weight: 400;">is trading at $1.48, with a strong surge of 2% in the past 24-hours.</span></p><p><span style="font-weight: 400;">XRP’s bullish momentum, regulatory optimism, and market alignment signal a potential surge to $20. With key resistance levels broken and favorable developments ahead, XRP is well-positioned for exponential growth, cementing its role in the evolving crypto landscape.</span></p> <!-- WP QUADS Content Ad Plugin v. 2.0.86.1 --> <div class="quads-location quads-ad86313 " id="quads-ad86313" style="float:none;text-align:center;padding:0px 0 0px 0;" data-lazydelay="3000"> <!-- End_Of_Post_728x90 [async] --> <script type="rocketlazyloadscript" data-rocket-type="text/javascript">if (!window.AdButler){(function(){var s = document.createElement("script"); s.async = true; s.type = "text/javascript"; s.src = 'https://servedbyadbutler.com/app.js'; var n = document.getElementsByTagName("script")[0]; n.parentNode.insertBefore(s, n);}());}</script> <script type="rocketlazyloadscript" data-rocket-type="text/javascript"> var AdButler = AdButler || {}; AdButler.ads = AdButler.ads || []; var abkw = window.abkw || ''; var plc531149 = window.plc531149 || 0; document.write('<'+'div id="placement_531149_'+plc531149+'"></'+'div>'); AdButler.ads.push({handler: function(opt){ AdButler.register(180936, 531149, [728,90], 'placement_531149_'+opt.place, opt); }, opt: { place: plc531149++, keywords: abkw, domain: 'servedbyadbutler.com', click: 'CLICK_MACRO_PLACEHOLDER' }}); </script> <!-- End_Of_The_Post_TextAd [js] <script type="rocketlazyloadscript" data-rocket-type="text/javascript"> var rnd = window.rnd || Math.floor(Math.random()*10e6); var pid744421 = window.pid744421 || rnd; var plc744421 = window.plc744421 || 0; var abkw = window.abkw || ''; var absrc = 'https://servedbyadbutler.com/adserve/;ID=180936;size=0x0;setID=744421;type=js;sw='+screen.width+';sh='+screen.height+';spr='+window.devicePixelRatio+';kw='+abkw+';pid='+pid744421+';place='+(plc744421++)+';rnd='+rnd+''; document.write('<scr'+'ipt src="'+absrc+'" type="text/javascript"></scr'+'ipt>'); </script> --> </div> </p></p></p></p> <section class="accordion-content mt-4" id="faq"> <h2 class="mb-4 h3 fw7">Frequently Asked Questions (FAQs)</h2> <div class="accordion-item"> <div class="faq-item-header"> <h3 class="faq-item-question"> 1. Why is XRP's price gaining momentum recently? </h3> <div class="faq-item-icon"> <i class="fa fa-angle-down"></i> </div> </div> <div class="faq-item-content" style=""> <div class="faq-item-answer"> XRP's bullish breakout and market rally drive its price surge.</div> </div> </div> <div class="accordion-item"> <div class="faq-item-header"> <h3 class="faq-item-question"> 2. What is the forecasted target for XRP's price? </h3> <div class="faq-item-icon"> <i class="fa fa-angle-down"></i> </div> </div> <div class="faq-item-content" style=""> <div class="faq-item-answer"> Analysts predict a potential rise to $20 in this cycle.</div> </div> </div> <div class="accordion-item"> <div class="faq-item-header"> <h3 class="faq-item-question"> 3. What key levels are analysts monitoring for XRP? </h3> <div class="faq-item-icon"> <i class="fa fa-angle-down"></i> </div> </div> <div class="faq-item-content" style=""> <div class="faq-item-answer"> Fibonacci levels at $1.88, $5.85, and $18.22 indicate targets.</div> </div> </div> </section> <div class="mh-social-bottom"> <div class="mh-share-buttons clearfix"> <a class="mh-facebook" href="#" onclick="window.open('https://www.facebook.com/sharer.php?u=https%3A%2F%2Fcoingape.com%2Fmarkets%2Fheres-why-xrp-price-will-hit-20%2F&t=Here%E2%80%99s+Why+XRP+Price+Will+Hit+%2420', 'facebookShare', 'width=626,height=436'); return false;" title="Share on Facebook"> <span class="mh-share-button"><i class="fa fa-facebook"></i></span> </a> <a class="mh-twitter" href="#" onclick="window.open('https://twitter.com/share?text=Here%E2%80%99s+Why+XRP+Price+Will+Hit+%2420:&url=https%3A%2F%2Fcoingape.com%2Fmarkets%2Fheres-why-xrp-price-will-hit-20%2F', 'twitterShare', 'width=626,height=436'); return false;" 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CoinGape writers and reporters contributed to this article. </div> </div> <div class="Disclaimer">Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss. </div> </div> </div> </div> </div> </div> </div> </div> </div> <div class="col-lg-4 col-md-4 col-sidebar new-sidebar col-width-4" id="s3226535"> <style> .market-price-box { background: #fff; border: 1px solid #707070; padding: 7px 0 10px; font-family: 'Montserrat'; border-radius: 5px; } .Darktheme .market-price-box { background: #181A1B; } .Darktheme .coin-volume-handler { background: #303030; } .coin-image-handler { width: 50px; } .coin-image-handler img{ width:100%; } .text-lightnew { color: #444; } .price-handler { width: calc(100% - 40px); } .coin-container { display: flex; justify-content: space-between; align-items: center; } .price-handler span { font-weight: 700; font-size: 15px; } .price-handler p { font-weight: 500; text-transform: uppercase; } .coin-volume-handler { padding: 7px 0px 9px 39px; background: #dbf4ff; position: relative; } .coin-volume { font-weight: 500; } .coin-volume-handler::before, .marketcap-pill::before ,.max-supply-pill::before { content: ''; height: 10px; width: 10px; background: #6262ff; position: absolute; transform: rotate(-45deg); top: 40%; } .coin-volume-handler::before, .marketcap-pill::before{ left: 19px; } .max-supply-pill::before{ left: -19px; } .number-handler { font-weight: 500; } .bottom-content-handler { padding: 7px 0px 9px 39px; position: relative; } .max-supply-pill { position: relative; margin-left: 40px; } </style> <div class="market-price-box my-2"> <div class="coin-container px-2"> <div class="coin-image-handler"><img src="https://static.coinpaprika.com/coin/xrp-xrp/logo.png" alt="XRP"></div> <div class="price-handler pl-1"> <p class="coin-name mb-0"> <a href="/price/xrp" target="_blank">XRP</a> </p> <div class="d-flex align-items-center flex-wrap"> <span class="coin-price pr-2">$1.47054528</span> <span class="coin24hrchange"><span class="up-prices price-indid d-block fw6 f-12">1.75% <span class="fw5 f13 text-darknew text-lightnew"> (24h)</span></span></span> </div> </div> </div> <div class="coin-volume-handler mt-3 mb-2"> <p class="m-0">24 Hours volume</p> <p class="m-0 number-handler">$5.97B</p> </div> <div class="bottom-content-handler d-flex"> <div class="marketcap-pill"> <p class="m-0">Market Cap</p> <p class="m-0 number-handler">$83.82B</p> </div> <div class="max-supply-pill"> <p class="m-0">Max Supply</p> <p class="m-0 number-handler">100B</p> </div> </div> </div> <script data-cfasync="false" src="/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script><script type="rocketlazyloadscript"> var $ = jQuery; var results1 = ["luna-terra","usdt-tether","atom-cosmos","ar-arweave","bgb-bitget-token","xlm-stellar","aave-new","bnb-binance-coin","1inch-1inch","ens-ethereum-name-service","cvx-convex-finance","celo-celo","hnt-helium","xem-nem","kava-kava","hot-holo","zil-zilliqa","mina-mina-protocol","stx-stacks","bat-basic-attention-token","lrc-loopring","crv-curve-dao-token","nexo-nexo","gt-gatechain-token","neo-neo","busd-binance-usd","dash-dash","gmx-gmx","cake-pancakeswap","bnb-binance-coin","osmo-osmosis","rune-thorchain","xec-ecash","miota-iota","klay-klaytn","mkr-maker","grt-the-graph","ftm-fantom","apt-aptos","xcn-chain","cspr-casper-network","dcr-decred","hbar-hedera-hashgraph","dai-dai","imx-immutable-x","mana-decentraland","bttc-bittorrent-chain","gusd-gemini-dollar","sand-the-sandbox","zec-zcash","twt-trust-wallet-token","axs-axie-infinity","kcs-kucoin-token","xtz-tezos","chz-chiliz","flow-flow","theta-theta-token","egld-elrond","bsv-bitcoin-sv","ht-huobi-token","ldo-lido-dao","eos-eos","near-near-protocol","fil-filecoin","icp-internet-computer","vet-vechain","tusd-trueusd","bit-bitdao","ape-apecoin","qnt-quant","okb-okb","algo-algorand","bch-bitcoin-cash","xmr-monero","etc-ethereum-classic","wbtc-wrapped-bitcoin","link-chainlink","avax-avalanche","uni-uniswap","shib-shiba-inu","trx-tron","dot-polkadot","doge-dogecoin","sol-solana","matic-polygon","usdc-usd-coin","ada-cardano","xrp-xrp","ltc-litecoin","eth-ethereum","btc-bitcoin"]; 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cycle."}},{"@type":"Question","name":"What key levels are analysts monitoring for XRP?","acceptedAnswer":{"@type":"Answer","text":"Fibonacci levels at $1.88, $5.85, and $18.22 indicate targets."}} ] } </script> <script type="application/ld+json"> {"@context":"https://schema.org/","@type":"NewsMediaOrganization","@id":"https://coingape.com#Organization","name":"CoinGape","url":"https://coingape.com","sameAs":["https://facebook.com/coingape","https://twitter.com/coingapemedia","https://www.linkedin.com/company/coingape/"],"logo":{"@type":"ImageObject","url":"https://cdn.coingape.com/wp-content/uploads/2020/02/04134109/Webp.net-resizeimage-min.png","width":"160","height":"50"},"contactPoint":{"@type":"ContactPoint","contactType":"emergency","telephone":"+91-8375972202","url":"https://coingape.com/contact-us/"}} </script> <script type="application/ld+json"> { "@context": "https://schema.org/", "@type": "BreadcrumbList", "@id": "https://coingape.com/markets/heres-why-xrp-price-will-hit-20//#breadcrumb", "itemListElement": [ { "@type": "ListItem", "position": 1, "item": { "@id": "https://coingape.com", "name": "CoinGape" } }, { "@type": "ListItem", "position": 2, "item": { "@id": "https://coingape.com/category/price-analysis/", "name": "Price Analysis" } }, { "@type": "ListItem", "position": 3, "item": { "@id": "https://coingape.com/markets/heres-why-xrp-price-will-hit-20/", "name": "Here’s Why XRP Price Will Hit $20" } } ] } </script> <script type='application/ld+json'> { "@context": "https://schema.org/", "@type": "NewsArticle", "@id": "https://coingape.com/markets/heres-why-xrp-price-will-hit-20/#newsarticle", "url": "https://coingape.com/markets/heres-why-xrp-price-will-hit-20/", "inLanguage": "en-us", "headline": "Here’s Why XRP Price Will Hit $20", "mainEntityOfPage": "https://coingape.com/markets/heres-why-xrp-price-will-hit-20/", "datePublished": "2024-11-23T16:55:06+00:00", "description": "XRP price surges after gaining momentum. Ripple’s bullish breakout, regulatory optimism, and market alignment position it for growth", "articleBody": "HIGHLIGHTS Ripple\u2019s bullish breakout signals explosive potential in crypto markets. Regulatory optimism grows as XRP price eyes significant market advancements. Market alignment drives Ripple\u2019s growth as Bitcoin fuels optimism. XRP price has remained within an upward trading range in recent weeks, reflecting strong bullish sentiment for the cryptocurrency. The recent price surge aligns with a broader market rally, signaling growing momentum in XRP's favor. Analysts maintain a positive outlook, with some forecasting a potential breakout that could drive XRP to $20 levels.\u00a0\r\nWhy XRP Price Will Trigger Exponential Rally to $20\r\nXRP price has successfully ended a downtrend that persisted since 2018, signaling potential explosive price movements ahead. Analysts highlight this breakthrough as a significant moment, with Fibonacci extension levels indicating ambitious price targets.\r\n\r\nBased on the analysis, the first target lies at the 161.8% Fibonacci extension level, marking $1.88. Following this, higher projections include the 261.8% level at $5.85 and the 361.8% extension at $18.22. This suggests a potential surge in XRP\u2019s valuation as it enters uncharted territory.\r\n\r\n\r\n3 Reasons Why Ripple Will Hit $20\r\nGary Gensler, Chair of the U.S. Securities and Exchange Commission (SEC), has announced plans to resign effective January 20, 2025, the day after President-elect Donald Trump's inauguration.\u00a0\r\n\r\nGensler, who has served since April 2021, will leave the SEC entirely. Aggressive enforcement has defined his leadership, particularly in the cryptocurrency sector, drawing significant attention from industry stakeholders.\r\n\r\nRipple's potential to reach $20 has fueled excitement, especially with speculation about the next SEC Chair. Discussions on social media highlight Brian Brooks, former Binance CEO, and a Hedera Foundation board member, as a leading candidate to replace Gary Gensler.\u00a0\r\n\r\nNotably, Brooks is a strong advocate for blockchain innovation, including XRP. His appointment could signal regulatory shifts favoring cryptocurrencies. This possibility has driven optimism in the Ripple community, linking regulatory clarity with XRP's market performance.\r\n\r\nRipple's XRP has experienced a remarkable rally, surging 40% in the past week and 180% over the month. The cryptocurrency's price climbed from $0.60 to over $1, signaling strong bullish momentum. This upward trend aligns with Bitcoin's rise above $98,000, which has fueled optimism across the crypto market.\r\n\r\n\u00a0If the bullish pressure mounts, more pressure could propel top altcoin to new heights, potentially reaching $20 in this cycle. Market sentiment remains optimistic as Ripple's consistent growth positions it as a key player in the ongoing crypto surge. At the time of writing, the price of XRP is trading at $1.48, with a strong surge of 2% in the past 24-hours.\r\n\r\nXRP's bullish momentum, regulatory optimism, and market alignment signal a potential surge to $20. With key resistance levels broken and favorable developments ahead, XRP is well-positioned for exponential growth, cementing its role in the evolving crypto landscape.", "keywords": "Ripple (XRP), XRP, XRP price", "author": { "@type": "Person", "name": "Coingape Staff", "description": "CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.", "url": "https://coingape.com/author/coingapestaff/" }, "publisher": { "@type": "NewsMediaOrganization", "name": "CoinGape", "url": "https://coingape.com", "logo": { "@type": "ImageObject", "url": "https://cdn.coingape.com/wp-content/uploads/2020/02/04134109/Webp.net-resizeimage-min.png", "width": 160, "height": 50 } }, "image": { "@type": "ImageObject", "@id": "https://coingape.com/markets/heres-why-xrp-price-will-hit-20/#primaryimage", "url": "https://coingape.com/wp-content/uploads/2024/11/Analysts-Elliot-Wave-Theory-Shows-XRP-Price-Can-Hit-18-Heres-When.webp", "width": 1200, "height": 800, "caption": "Here’s Why XRP Price Will Hit $20" }, "articleSection": "markets", "wordCount": 403 } </script> <!-- Footer_desktop [javascript] <script type="rocketlazyloadscript" data-rocket-type="text/javascript"> var rnd = window.rnd || Math.floor(Math.random()*10e6); var pid604200 = window.pid604200 || rnd; var plc604200 = 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ease-in-out 0.5s; transition: width ease-in-out 0.5s; -webkit-transition-delay: 0.3s; -o-transition-delay: 0.3s; transition-delay: 0.3s; } .button-expandable-section_6j45wq4km:hover .circle_6j45wq4km .first-content_6j45wq4km .logo_6j45wq4km { margin-top: 60px; width: 100px; -webkit-transition: all ease-in-out 0.5s; -o-transition: all ease-in-out 0.5s; transition: all ease-in-out 0.5s; } .button-expandable-section_6j45wq4km:hover .circle_6j45wq4km .first-content_6j45wq4km span { opacity: 0; -webkit-transition-delay: 0.5s; -o-transition-delay: 0.5s; transition-delay: 0.5s; -webkit-transition: opacity ease-in-out 0.5s; -o-transition: opacity ease-in-out 0.5s; transition: opacity ease-in-out 0.5s; } .button-expandable-section_6j45wq4km:hover .circle_6j45wq4km .second-content_6j45wq4km { right: 25px; -webkit-transition: all ease-in-out 0.5s; -o-transition: all ease-in-out 0.5s; transition: all ease-in-out 0.5s; -webkit-transition-delay: 0.3s; -o-transition-delay: 0.3s; transition-delay: 0.3s; } .button-expandable-section_6j45wq4km .close_6j45wq4km:hover { cursor: pointer; } .button-expandable-section-mobile_6j45wq4km { width: 100%; position: fixed; bottom: 0; right: 0; } .button-expandable-section-mobile_6j45wq4km a, .button-expandable-section_6j45wq4km a { text-decoration: none; color: white; } .button-expandable-section-mobile_6j45wq4km .bar_6j45wq4km { display: -webkit-box; display: -ms-flexbox; display: flex; -webkit-box-orient: vertical; -webkit-box-direction: normal; -ms-flex-direction: column; flex-direction: column; -ms-flex-wrap: wrap; flex-wrap: wrap; -webkit-box-pack: center; -ms-flex-pack: center; justify-content: center; text-align: center; position: relative; cursor: pointer; height: 75px; background: #1e2024; background-position-x: 0; background-position-y: 0; background-repeat: no-repeat; background-size: 100%; } .button-expandable-section-mobile_6j45wq4km .bar_6j45wq4km .button_6j45wq4km { font-size: 12px; margin-left: 20px; margin-right: 20px; } 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uppercase; } .footer-button:hover { color: #fffaf9; text-decoration: none; } .copyrow { padding: 8px 0; } @media only screen and (max-width: 600px){ .footer-new { overflow: hidden; } .footer-tags-container { margin: 0 -10px; padding: 5px 0 0px; } .newfooter { padding: 15px 0 0; } .footer-tags > ul > li { padding: 0 0.4rem 20px 0; } .footer-button { padding: 10px 0; margin: 0 0 0 0px; } .siteCopyright { padding: 5px 0; }.siteCopyright { font-size: 10px; font-weight: 500; } .copyrow { margin: 0 -10px; } .Importantlink li a { font-size: 11px; } } .Googleloginmodel { position: fixed; left: 0; top: 0; display: none; height: 100%; z-index: 999999999999; width: 100%; } .Googleloginmodel.active{ display: block;} .ContainerGoogle { max-width: 590px; margin: 0 auto; background: #fff; position: relative; z-index: 2; padding: 15px; top: 35%; border-radius: 5px; } .savearticle { background: #ffe819; } .savearticle i { color: #000 !important; } .overLaygoogle { background: #0000002b; width: 100%; position: absolute; left: 0; height: 100%; } .tooltipsbk { display: none; width: 200px; background: rgba(0,0,0,.8); -webkit-border-radius: 5px; -moz-border-radius: 5px; border-radius: 5px; color: #fff; font-size: 13px; font-weight: 500; line-height: 1.3; text-align: center; position: absolute; left: 47.3%; -webkit-transform: translateX(-50%); -moz-transform: translateX(-50%); -ms-transform: translateX(-50%); -o-transform: translateX(-50%); transform: translateX(-50%); margin-top: 10px; z-index: 1; padding: 7px 8px; } .savearticle:hover .hoverShow{ display: block;} .myAccount { display: none;} .content_pllist_data { width: 100%; margin: 5px 0 12px; } .content_pllist_data p{ margin: 0 0 10px; font-size: 16px; font-weight: 600; color: #1074b7; } .Darktheme .content_pllist_data p { color: #50B0F0; } .show_hide_pllist_data { cursor: pointer; text-decoration: underline; color: #444; font-weight: 700; font-size: 13px; margin-right: 30px; float: right; } .footLinks { display: flex; flex-wrap: wrap; overflow: hidden; max-height: 20px; transition: max-height 0.5s ease; } .show_hide_pllist_data i{ margin-left: 5px; } .Darktheme .footLinks a { color: #fff; } .Darktheme .show_hide_pllist_data { color: #fff; } .footLinks a { font-size: 14px; color: #444; display: inline-block; box-sizing: border-box; vertical-align: top; position: relative; line-height: 15px; margin-bottom: 10px; border-right: solid 1px #ddd; margin-right: 10px; padding-right: 10px; } .footLinks a:last-child { border-right: none; } /* .footer_text, .bottom-text { font-family: Montserrat; font-size: 0.875rem; font-weight: 400; line-height: 1.64; } */ /* .footer_text a { color: #1074b7; } */ /* .center { position: relative; margin: auto; top: 1px; right: 0; bottom: 0; left: 0; padding: 0 0; } */ /* .footer-number { margin-right: 35px; } */ .footer-number img { width: 28px; } .footer-number span { font-weight: 500; font-size: 16px; } /* .footer-number:first-of-type { margin-right: 35px; } */ /* .footer-background { 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@media only screen and (max-width: 600px){ .footer-cardimg img { width: 120px; } .footer-number:first-of-type { margin-right: 15px; } .footer-number img { width: 18px; } .footer-number span { font-size: 13px; } } .Darktheme .footer-background { background-color: #ffdeaa; color:#222; } .Darktheme .footer_text a{ color:#50b0f0 !important; } .Newscover { min-height: auto !important;} .footersubscript span { color: #0082CB; font-weight: 600; font-size: 20px; } .footersubsp { font-size: 12px; font-weight: 500; } form.formsubsfooter { display: flex; flex-wrap: wrap; position: relative; } .subFbx { background: #F6F6F6; border: 1px solid #D1D1D1; border-radius: 30px; font-size: 12px; height: 40px; padding: 0 15px; } .btnfsb { background: #34BBFC; border: 0; position: absolute; height: 40px; right: 0; font-weight: 600; border-radius: 40px; font-size: 12px; padding: 0 25px; } .footerSocialL { text-align: center; padding: 0 0 5px; } .footerSocialL .footer-tagsf-p { font-weight: 600; font-size: 14px; position: relative; } .footer-tagsf-p::after { content: ''; position: absolute; /* border: 1px solid #E7E7E7; */ width: 100%; left: 0; top: 11px; height: 1px; background: #E7E7E7; } .footer-tagsf-p span { background: #fff; padding: 0 9px; position: relative; z-index: 2; } .footerSocialL a i { color: #0082CB; font-size: 18px; } .footerSocialL a { background: #F6F6F6; height: 40px; width: 40px; border-radius: 31px;text-decoration: none; /* padding: 6px 0; */ display: flex; justify-content: center; align-items: center; } .newfooterdesign {border-top: 1px solid #E7E7E7; padding-top: 15px;} .Darktheme .newfooterdesign {border-top: 1px solid #5D5D5D;} .footerSocialL .d-flex { gap: 15px; justify-content: center; } .footerfeatures { display: flex; flex-wrap: wrap; padding-top: 20px; } .footer-cardimgd { width: 250px; display: flex !important; flex-wrap: wrap; gap: 20px; } .vistorfooter { width: calc(100% - 250px); padding-left: 34px;display: flex; align-content: stretch; align-items: 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https://coingape.com/wp-content/uploads/2024/11/Cardano-Price-Will-ADA-Soar-To-1-or-Fall-After-144-Rally-150x100.webp 150w, https://coingape.com/wp-content/uploads/2024/11/Cardano-Price-Will-ADA-Soar-To-1-or-Fall-After-144-Rally-272x182.webp 272w" sizes="(max-width: 1200px) 100vw, 1200px" /></noscript></div> <h4>Can Cardano Price Jump By 500% To $6?</h4> </a> </div> </div> <div class="zslider"> <div class="zBoXtrendsI"> <a href="https://coingape.com/metaplanet-stock-jumps-6-5-after-raising-62-million-for-bitcoin-acquisition/?utm_source=footer&utm_medium=fl" class="d-flex flex-wrap"> <div class="zslidepic"> <img width="1200" height="800" src="data:image/svg+xml,%3Csvg%20xmlns='http://www.w3.org/2000/svg'%20viewBox='0%200%201200%20800'%3E%3C/svg%3E" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Metaplanet Stock Jumps 6.5% After Raising $62 Million for Bitcoin Acquisition" decoding="async" 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src="https://coingape.com/wp-content/uploads/2024/11/Metaplanet-Stock-Jumps-6.5-After-Raising-62-Million-for-Bitcoin-Acquisition.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Metaplanet Stock Jumps 6.5% After Raising $62 Million for Bitcoin Acquisition" decoding="async" srcset="https://coingape.com/wp-content/uploads/2024/11/Metaplanet-Stock-Jumps-6.5-After-Raising-62-Million-for-Bitcoin-Acquisition.webp 1200w, https://coingape.com/wp-content/uploads/2024/11/Metaplanet-Stock-Jumps-6.5-After-Raising-62-Million-for-Bitcoin-Acquisition-300x200.webp 300w, https://coingape.com/wp-content/uploads/2024/11/Metaplanet-Stock-Jumps-6.5-After-Raising-62-Million-for-Bitcoin-Acquisition-768x512.webp 768w, https://coingape.com/wp-content/uploads/2024/11/Metaplanet-Stock-Jumps-6.5-After-Raising-62-Million-for-Bitcoin-Acquisition-150x100.webp 150w, 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