$XRP XRP Could Rally Near $20
After Breakout Signal Originating In 2017, Analyst Says
× XRPUSD
XRP has been moving with the broader crypto market, pushing up to important support levels and climbing to the top of its recent consolidation range near $1.36.
That rebound has reignited bullish speculation around the altcoin, and now one analyst is laying out a much more ambitious scenario-one that, if it unfolds, could translate into a roughly 1,100% rally from current levels.
New XRP Price Target At $16.39
In a report published by 24/7 Wall St., market analyst Javon Marks said he has a fresh chart-based target for XRP that sits just under $17.
Marks is also the analyst credited with calling XRP's move from $0.56 to $2.47 in January 2024, months before that rally actually happened.
The new thesis, according to the report, is built around a long-running technical structure: a pennant pattern that began forming in 2017 and later broke out in late 2024.
Marks' framework starts with the earlier 2017 phase. The report notes that XRP rose from $0.006 to $3.31 in 2017 in one of the largest rallies in its history. After that burst, the token fell sharply and then spent about seven years consolidating inside the pennant structure described by the analyst.
From there, Marks says he uses a "measured move" method. This approach takes the size of the original rally that created the pennant
structure described by the analyst.
The long wait appears to have ended during the post-election crypto rally: in late 2024, XRP broke out of the pennant, jumping from $0.49 to above $3.60 by mid-2025.
From there, Marks says he uses a "measured move" method. This approach takes the size of the original rally that created the pennant setup and projects that distance forward from the later breakout point.
Under that method, the analysis points to $16.39
#xprppriceprediction #xpr #XPRUSDT