XRP is aiming for a long-term target of $20, with the current resistance level at $4 serving as a significant psychological barrier. Analysis from XForceGlobal suggests that XRP could experience either a strong upward impulse or a corrective pattern based on Elliott Wave theory. Following the SEC lawsuit resolution in 2023, which lifted legal overhang and fueled a price surge of 99%, XRP has enjoyed a notable rally exceeding $1.79 to $3.56. Despite experiencing a recent 6.58% drop over the past 24 hours (as per Binance data), historical trends like the 2017-2018 bull run suggest potential for substantial growth if market conditions favor XRP. While $4 resistance marks new territory for XRP, XForceGlobal’s analysis suggests that this level may reflect growing institutional interest, fueled by Ripple’s resolution of the SEC lawsuit in 2023. The market’s reaction indicates increased confidence, though achieving $20 remains speculative, requiring a favorable macroeconomic environment such as positive regulations or increased adoption. Technical analysis tools like Ichimoku Cloud and Moving Averages currently rate XRP as “sell” (TradingView), indicating caution for the short-term. Despite this, XRP enthusiasts and analysts see 2027 as a potential timeframe for achieving $20 based on XForceGlobal’s long-term view. Investors are advised to watch news related to Ripple’s partnerships and global payment trends for a potential breakout. This article provides information and does not constitute financial advice. CoinCryptoNewz is not responsible for any losses incurred by readers.