Crypto analysts remain optimistic about Ripple's XRP despite a recent $20 billion market liquidation. They have set a bullish target of $5.5 for XRP, with potential to reach $9 during the anticipated altseason. The market event saw Bitcoin's price plummet from $121,000 to $104,000 within an hour, erasing significant liquidity. Some analysts suggest this was a strategic reset for a healthier bull phase, while others foresee a final Bitcoin surge before altcoins dominate.