
Jakarta, Pintu News ā Crypto analyst Javon Marks has given an optimistic outlook on the price of XRP , predicting that the altcoin has the potential to surge up to 44x.
He also revealed the reasoning behind his belief that XRP could experience such a drastic and parabolic price increase.
In a post on the X platform, crypto analyst Javon Marks expressed his optimistic view that the price of XRP has the potential to rise up to 44 times from current levels.
He referred to XRPās historical movement in 2017, when the coin broke out of a pennant pattern and shot sharply to the first target at $0.0609, before making the level a mild resistance and continuing to rise towards the next target.
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According to Marks, XRP recently broke out of a larger pennant pattern again and has made a significant move towards the first target of $3,317. After touching and using that level as a mild resistance, Marks predicts that the next move will be to break $3,317 and continue the rally towards the second target which is now at $99.
He noted that the $99 level is more than 4,331% above the current price, indicating a potential upside of up to 44x.
In the short term, crypto analyst Egrag Crypto expects XRP may again test the lower area in the range of $1.90 to $1.70, before trying to rise to the upper range around $2.80 to $3.00.
If XRP manages to break through the mild resistance in the $3 area, as also mentioned by Marks, then this could be the start of a rally towards a new All-Time High, ultimately paving the way towards the $99 target.
CasiTrades crypto analysts mentioned that the price of XRP is now approaching a very important breakout zone. In recent days, XRP briefly tested the .786 Fib support level at $2.05, and is now starting to bounce strongly towards the first test area around $2.17.
According to CasiTrades, this $2.17 level has previously acted as a key resistance, and although the movement structure looks bullish, XRP is not yet completely safe from potential downward pressure.
He then presented two scenarios of possible price movements that were also displayed through his analysis chart.
The first scenario is a bullish one. If $2.05 was the last low, then XRP could be forming a new impulsive trend. A clean breakout above $2.25 would be a strong signal for the continuation of the uptrend.
Read also: XRP Price Predictions for 2025 to 2030 Based on Bitwiseās Latest Report!
If the price manages to break and hold above $2.36, it will confirm that the first wave (Wave 1) has formed and invalidate the possibility of a further downward correction.
The second scenario is a bearish one. If XRP fails to turn the $2.17 and $2.25 levels into solid support, then the price is still at risk inside the last wave of decline (subwave 5) towards the $2.00 area.
According to the analyst, $2.26 could be a short-term confirmation, while a break above $2.36 would be a validation that the trend has truly reversed and XRP is ready to print new highs.
Meanwhile, the price of Bitcoin is also rallying and has touched the $87,000 level, which provides positive sentiment for altcoins such as XRP.
However, market participants remain wary of the impact of Donald Trumpās reciprocal tariff policy, which could potentially have a major influence on the overall crypto market.
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*Disclaimer
This content aims to enrich readersā information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an assetās past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
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