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XRP’s Next Big Move: Analysts Say ETF Approval Could Trigger a $20 Rally!

XRP’s Next Big Move? Amonyx Predicts a Massive Rally to $20 – Here’s Why

If you’ve been watching the crypto market closely, you know that big moves happen when institutional money flows in. And right now, all signs point to XRP being the next major asset to explode. Amonyx is making a bold call—predicting that XRP will hit $20. And guess what? They have a solid reason.

The Catalyst: Spot XRP ETF Filings

The game-changer? The wave of Spot XRP ETF applications piling up at the U.S. Securities and Exchange Commission (SEC). So far, 18 applications have been submitted, and we’re not just talking about small players. Heavyweights like Bitwise, Grayscale, 21Shares, Canary Capital, and WisdomTree are leading the charge.

If you saw what happened when Bitcoin ETFs got the green light, you know what’s coming next. Institutional investors flooded the BTC market, pushing prices to new highs. Analysts believe XRP will follow the same trajectory once the SEC gives the green light. And that’s why price predictions are sky-high.

The Numbers: How High Can XRP Go?

With ETF approval, analysts say XRP is primed for a breakout. We’re talking about surpassing $5, then $10, and eventually reaching $20. And that’s not even the most bullish scenario.

Crypto strategist Steph takes it a step further, suggesting that XRP could touch $30 based on historical price patterns and technical indicators. That’s a massive opportunity for investors who position themselves early.

Technical Analysis: XRP’s Correction is Over – Breakout Incoming

According to Dark Defender, XRP’s correction phase is done across multiple time frames (weekly, daily, and 4-hour charts). While minor pullbacks can still happen, the bigger picture is clear—XRP has entered its next bullish wave.

Key Levels to Watch:

  • Support Levels: $2.30, $2.22
  • Resistance Levels: $3.39, $5.85 (potential new all-time high)

Another well-known analyst, CasiTrades, highlights resistance at $2.70 and $3.05. A clean breakout above these levels could confirm the next massive price run. However, if XRP fails to hold $2.25, it could dip to $1.90 or even $1.54 before rebounding.

The Elephant in the Room: SEC Lawsuit Still a Risk

Now, let’s address the biggest concern—regulatory uncertainty. Legal expert Bill Morgan warns that the ongoing SEC lawsuit against Ripple remains a wildcard. Without a settlement or clear regulatory guidance, some investors might hesitate before going all in.

Institutional investors typically prefer a regulatory green light before pouring in billions. The SEC’s decision on XRP ETFs and the Ripple lawsuit outcome will be critical in determining whether this bullish rally fully materializes.

Bottom Line: Is XRP the Next Big Crypto Play?

With 18 XRP ETF applications pending, the market is at a tipping point. Amonyx and top analysts believe XRP is on the brink of explosive growth, potentially hitting $20 or even $30 in the long run. But before making a move, investors must weigh both the technical indicators and the regulatory landscape.

If the SEC plays ball and XRP ETFs get the green light, expect a tidal wave of institutional capital to push XRP to levels we haven’t seen before. Are you ready for the ride?

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