Analyst Javon Marks says XRP’s breakout remains intact, keeping a measured move target near $17 in play. Based on the breakout, Marks expects a potential move of more than 1,100% from current levels. He also pointed to his previous call that anticipated XRP’s rally from around $0.50 to above $3.30, arguing that the current uptrend may not be finished.
Crypto analyst Javon Marks has recently reaffirmed his bullish outlook on XRP, stating that the token’s multi-year breakout from a massive pennant pattern remains intact. This technical setup, which began to form after XRP’s explosive 2017 rally, points to a significant measured-move target near $17.
Source:
Marks has a strong track record with XRP calls. He accurately forecasted the move from around $0.50 to over $3.30 well in advance, giving his current projection added credibility among followers. In his latest update, He noted that the move “just doesn’t look done,” highlighting the potential for another major leg higher.
Reaching $17 would push XRP’s market capitalization well into the trillion-dollar range, positioning it as one of the top cryptocurrencies by market cap and reflecting substantial real-world adoption in cross-border payments, DeFi, and institutional use cases via the XRP Ledger.
(adsbygoogle = window.adsbygoogle || []).push({});Technical patterns like Mark’s 1100% surge measured move are not guarantees; they represent potential based on historical symmetry. It would take years, as external factors such as regulatory clarity, Ripple’s ecosystem growth, broader market sentiment, and macroeconomic conditions are the only factors that can heavily influence the outcome.
At press time, XRP trades at $1.10, down 3.1% over the last 24 hours. A confirmed breakout above key levels such as $1.36 could open the door to retesting $1.60–$2.00 zones supported by potential short squeezes, ETF inflows, regulatory catalysts like the Clarity Act, and strong on-chain metrics.
Conversely, persistent correlation with BTC/ETH, regulatory uncertainty, or macro headwinds could cap upside or extend consolidation. Failure to hold the ascending support risks a deeper pullback toward $1.00 or lower, aligning with seasonal June weakness and broader market risk-off moves.
Related: Bears Trap XRP Price Inside a Symmetrical Triangle
