XRP Set for 251% Surge: Historical Patterns Indicate Major Breakout
XRP Price Surge: Analyst Predicts 251% Rally Based on Historical Patterns
Market Analyst Highlights XRP’s Potential Breakout
On July 13, 2025, market analyst Javon Marks shared an optimistic forecast for XRP, suggesting a possible 251% increase in its value. He drew attention to a notable similarity between XRP’s current price movements and its previous symmetrical triangle formations observed between 2014 and 2017. This earlier pattern led to XRP achieving its peak price of $3.84 in 2017, and Marks believes the current setup could lead to comparable outcomes.
Recent Price Movements and Projections
Following a consolidation phase that began after XRP’s peak in 2018, the cryptocurrency experienced an upward shift in late 2024, currently trading at $2.80. Marks utilized Fibonacci extension levels to identify potential price targets, estimating that XRP could reach $9.63 (1.618 extension) and even $123.53 (2.618 extension). He remarked, “Historical trends suggest that the next upward movement could exceed $9.63, potentially resulting in a 251% increase from current prices.”
Strengthening Market Fundamentals
Marks pointed out that XRP’s consolidation phase has been marked by multiple support levels, which he interprets as a solid foundation for the recent price breakout. Although he did not specify a timeline for achieving these targets, his analysis resonates with XRP’s behavior in 2017, providing a bullish perspective for the cryptocurrency.
Whale Accumulation Signals Positive Sentiment
Adding to the positive sentiment surrounding XRP, the analytics platform Santiment reported a record number of wallets holding over 1 million XRP tokens, now totaling 2,743. These “whales” collectively possess 47.32 billion tokens, indicating a strong accumulation trend that Santiment describes as a favorable sign for XRP, especially following a 26% price increase in the past week.
Recent Market Performance and Broader Trends
In the last 24 hours, XRP has surged by 10%, bringing its trading price to $2.80, according to CoinMarketCap. This rally has resulted in the liquidation of $31.44 million in short positions, demonstrating robust market momentum.
Altcoin Season and Market Sentiment
Santiment noted that the overall bullish sentiment in the market, particularly with Bitcoin reaching successive all-time highs above $112,000, has created a conducive environment for altcoins like XRP. They stated, “Altcoin season has commenced,” suggesting that traders are likely to continue reallocating profits into altcoins as long as Bitcoin maintains its critical psychological support above $110,000.
Caution for Investors
While Marks presents a compelling argument for XRP’s potential growth, he also advised caution, emphasizing that the forecast is based on the premise that historical patterns will repeat. Investors are encouraged to conduct thorough research and carefully assess market conditions before making investment decisions.
