news 
Analyst Says XRP History Still Points to 251% Rally or More
A recent analysis by crypto market commentator Javon Marks has sparked a new wave of excitement among Ripple’s XRP enthusiasts. In a tweet, Marks presented a chart suggesting that the asset may be on the verge of replicating a historical breakout pattern.
According to the chart, XRP’s price action over the past decade reveals 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. Marks notes that the current consolidation, which began after XRP’s 2018 peak and recently resolved in an upward direction, bears striking similarities to this earlier pattern.
Marks’ analysis highlights multiple support touches during the consolidation period, signaling a strengthening base before the recent breakout. The targets presented align perfectly with the asset’s 2017 performance, providing a clear framework for understanding its next steps.
The analyst suggests that XRP’s history still points to the potential of a massive price increase, potentially exceeding $123.5278 and implying a gain of over 251% from current prices.
While no specific timeline is provided for reaching these targets, the technical setup presented offers a clear direction for the asset’s next trajectory. As such, this development may prompt a reassessment of XRP investment strategies among market participants.
In conclusion, it remains to be seen whether this prediction will come to fruition.
Source: timestabloid.com
