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Analysts: The next round of XRP rally may far exceed expectations, so fast that most people are caug

2026-07-20 00:46:55
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One-year compression

XRP has been trading in a gradually narrowing downward channel for nearly a year. This prolonged compression often leads to drastic breakthroughs. Cryptocurrency analyst Floppy outlined a scenario that puts the next big trend in the spotlight, and the charts supporting this view tell a clear story.

The daily chart shows that XRP is locked in a downward parallel channel dating back to mid-2025. The asset peaked at $3.65 in July 2025 and then entered a sustained decline. Since then, assets have continued to hit lower highs and lower lows in the channel and are currently trading around $1.0890.

The chart notes several key levels. Support is at $1.1658, in addition to $1.3205,$1.5106, and the main resistance level of $1.8212. These levels are consistent with previous price reactions visible on the chart. Floppy believes that breakthroughs in this pattern will not occur peacefully.

"The extreme compression of trading in narrow channels has been going on for a year, and I don't think it will end quietly... the next move for XRP may be much faster than most people are prepared for."

What does the chart predict

Floppy's forecast path suggests assets will fall below $1, hit the lower boundary of the channel, and then reverse sharply. It is then expected to rise to $1.1658. After a slight correction, it breaks through $1.3205 and $1.5106, and finally returns to $1.8212. From there, the forecast trend will extend significantly upward, with the goal of pointing to previous historical highs and higher, with the time node around September.

This scenario relies on a downward breakout of the channel followed by a strong reversal. This kind of false breakthrough followed by reversal often lures short sellers to enter the market and stimulates strong buying pressure during the recovery process. "The next move for XRP may be much faster than most people are prepared for," Floppy pointed out.

Accumulation or breakthrough?

Not all analysts expect a sharp V-shaped reversal. ChartNerd, another well-known analyst, gave a more cautious view. He believes that XRP is likely to hit a low first and then enter a long-term accumulation range before starting to rise meaningfully.

He also suggested that increased institutional participation could lead to slower and more prudent charting behavior, i.e., forming large ranges before large fluctuations occur. Floppy's chart predicts faster breakthroughs, while ChartNerd favors a longer bottoming process. Both believe that a major trend is taking shape.

XRP is currently above the $1 support level. Holding this area will maintain the validity of bullish forecasts. Decisive recovery of $1.1658 will be the first confirmation signal of structural change. After breaking through $1.8212, the road to previous highs will become quite open.

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