XRP Hits $3.66 High as Bull Charts Predict $20 Surge

* XRP reaches a multiyear high of $3.66. * Analysts project a parabolic rally toward $20, citing bullish technical indicators. On July 19, 2025, Cointelegraph reported that XRP hit a multiyear high of $3.66. Following this milestone, analysts now point to several bullish technical setups that could propel its price toward $20. Key factors supporting this outlook include significant resistance levels, historical patterns in the XRP/BTC pair, and a confirmed bull pennant pattern on XRP’s monthly chart. According to Cointelegraph's report on July 19, XRP dominance (XRP.D) reached a key weekly resistance level of 5.50%. This barrier has held firm for over 2,200 days, and analysts believe a breakout could trigger a major rally with price targets ranging between $7 and $10. A breakout from a bull pennant pattern on the two-week timeframe further reinforces this sentiment and suggests XRP’s market dominance could expand. In addition, the XRP/BTC pair provides evidence of bullish momentum as it approaches a critical resistance zone first established in mid-2019. While this level has historically rejected XRP, a breakout could mirror the explosive upward move from 2018. Furthermore, analysts noted a potential bullish cross on the Moving Average Convergence Divergence (MACD) indicator, which often precedes significant rallies. A confirmed large bull pennant pattern on XRP’s monthly chart further supports these predictions. According to the analysis, a monthly close above the pennant's upper trendline at $2.55 could pave the way for a climb to its estimated target of over $18, representing a potential 417% gain. Cointelegraph also reported a trader's assertion that XRP reaching approximately $20 is a "given" by the end of the current market cycle. According to data from CoinMarketCap, XRP was trading at $3.417 as of 19:09 UTC on July 19, with its 24-hour volume showing a slight change of -0.118%.