Analyst says XRP could rally 1,500% to $20 if 2017 pattern repeats
XRP pauses near $1.40; analyst maps 2017-style setup, sees 1,500% path to $20
XRP trades around $1.40. A new thread argues this dip is a pause before a 1,500% rally toward $20.
Price is “perambulating” near $1.40, per NewsBTC. Another piece framed the recent softness as weakness, not collapse, citing on-chain flows and market structure here.
Analyst Javon Marks compares today’s setup to XRP’s 2014–2017 structure: a multi‑year symmetrical triangle, a brief fakeout below support, then upside expansion on X. In that prior cycle, the breakout leg ultimately ran 2,029.78%, per his chart work source.
Marks’ base case points to a 1,500% move into the $20 area if the pattern repeats, aligning with a technical path outlined by Bitcoinist report.
He says the current pullback into the $1.30–$1.40 zone mirrors the brief cool‑off after XRP’s 2017 breakout. “Right now is only a temporary pullback before a move well above the $20 mark,” the analysis quotes him NewsBTC. That piece also flagged Bitcoin as the main near‑term risk driver source.
Beyond $20, a larger measured move projects a peak slightly above $90 if the full 2017‑style extension plays out, based purely on the prior pattern’s proportions NewsBTC.
- Spot zone: $1.30–$1.40 consolidation source
- Primary target: ~$20 on a 1,500% run source
- Extended projection: just above $90 source
