Analyst Says XRP History Still Points to 251% Rally or More

A recent analysis from crypto market commentator Javon Marks (@JavonTM1) has added new dimensions to the ongoing discussion around XRP’s price trajectory. In a post shared on X, Marks presented a chart suggesting that XRP may be on the verge of replicating a historical breakout pattern.

XRP is Repeating Historical Patterns

The chart highlights XRP’s price action over the past decade, with two notable consolidation phases similar to symmetrical triangle patterns. The first phase, spanning from 2014 to 2017, preceded a rapid move that took XRP to its all-time high of $3.84.

According to Marks’ chart, the current consolidation, which began after XRP’s 2018 peak, reached its apex in late 2024 and recently resolved in an upward direction.

Fibonacci Levels Signal Higher Targets

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Marks identified Fibonacci extension levels as key markers in the chart. The initial breakout in 2017 saw XRP consolidate briefly at the Fib. 1 extension level. Following this phase, it climbed to the 1.618 extension, before eventually exceeding the 2.618 level. The latest formation shows similar behavior as XRP has been consolidating above $1.99 (Fib. 1) for months.

The chart shows the upcoming Fibonacci levels, with Marks noting the 1.618 target at approximately $9.631 and a 2.618 extension suggesting a potential move toward $123.5278. In his post, Marks stated that “history still points to the next leg up leading into $9.631+, if not well beyond,” describing this as a potential gain of 251% from current prices.

At the time of his analysis, XRP traded at $2.58. Although $123.5278 is a lofty target, other well-known experts have shared triple-digit XRP targets, and historical trends and proper technical analysis back Marks’ analysis.

Potential Implications for XRP’s Future

Marks’ also highlights multiple support touches during consolidation, signaling a strengthening base before the recent breakout. The targets reflect a highly optimistic scenario for the digital asset, but align perfectly with its 2017 performance.

While the analysis does not offer a specific timeline for reaching these targets, it positions XRP’s current market structure as a potential precursor to significant gains. Following the 2017 pattern could lead to substantial gains for XRP holders, and the technical setup presented provides a clear framework for understanding the asset’s next steps.

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