news 
Analyst Says XRP History Still Points to 251% Rally or More
A recent analysis from crypto market commentator Javon Marks (@JavonTM1) has shed new light on the ongoing discussion surrounding XRP’s price trajectory. In a tweet shared on X, Marks presented a chart suggesting that XRP may be on the cusp of replicating a historical breakout pattern.
The chart highlights XRP’s price action over the past decade, with two notable consolidation phases mirroring 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.
Marks identified Fibonacci extension levels as key markers in the chart, noting that the initial breakout in 2017 saw XRP consolidate briefly at the Fib. 1 extension level before climbing to the 1.618 extension and eventually exceeding the 2.618 level. The latest formation appears to be following a similar trend, with XRP consolidating above $1.99 (Fib. 1) for months.
The chart indicates that these upcoming Fibonacci levels will drive future price action, with Marks stating that “history still points to the next leg up leading into $9.631+, if not well beyond.” This equates to a potential gain of 251% from current prices.
It is essential to note that while this analysis does not provide a specific timeline for reaching these targets, it presents a clear framework for understanding XRP’s next course of action. The setup presented positions XRP’s current market structure as a precursor to significant gains, which may prompt investors and traders alike to reassess their investment strategies.
The expert’s assessment highlights the importance of careful analysis and consideration when making any investment decisions.
Source: timestabloid.com
