XRP continues to trade within a structure that has caught the attention of crypto analyst CryptoBull (@CryptoBull2020). His latest chart presents a long-term technical setup that points toward a potential move far above XRP’s current price.
The chart marks $23 as the projected target, while the analyst says he expects to meet those waiting for lower prices at that level.
CryptoBull’s $23 XRP Target
CryptoBull shared a monthly XRP/USD chart from Bitstamp to support his outlook. The chart covers XRP’s long-term price action and includes an ascending trendline across several major phases. His post states, “Those waiting for $0.87 or $0.73, I will see you at $23 for XRP!”
The statement places his focus firmly on the $23 level. It suggests that he expects XRP to move substantially higher rather than revisiting the lower prices mentioned in his post.
Those waiting for $0.87 or $0.73 I will see you at $23 for #XRP! pic.twitter.com/QWQ3YSRu6q
— CryptoBull (@CryptoBull2020) August 4, 2026
The Ascending Trendline
The chart uses monthly candles, which gives the setup a long-term perspective. A black ascending trendline runs from the earlier price action toward the upper-right portion of the chart.
Several XRP price movements have developed around this rising structure. The chart shows periods of sharp advances followed by consolidations. XRP then established additional higher price areas as the trend progressed.
The most recent candles sit far below this trendline, as XRP has experienced a prolonged downturn. However, the analyst is confident that XRP will soon reclaim this trendline, with $23 as the target.
XRP Needs a Sustained Bullish Move
For the $23 target to come into play, XRP would need to sustain significant upward momentum from its current level. The chart’s trendline provides the key visual reference for CryptoBull’s projection.
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However, many analysts have predicted that XRP needs to dip below $1 before the next breakout occurs. CryptoBull dismisses this path outright, suggesting XRP’s next move will target double digits.
XRP’s Next Steps
CryptoBull’s chart presents an explicitly bullish long-term view of XRP. The rising trendline forms the central technical feature, while the large arrow toward $23 identifies his projected destination.
Google’s Gemini AI recently predicted that XRP will remain in a holding pattern for August. However, if the asset can build some momentum and break that trend, we could see the early stage of CryptoBull’s predicted move.
Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.
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