XRP Price Could Stage 1,500% Rally To $20 If It Mirrors This 2017 Move

Source Newsbtc

XRP is in a spot that could decide whether the cryptocurrency’s larger cycle still has room to run. Although the price action is perambulating around $1.40, one new technical outlook contends that the current weakness may not be the start of a deeper collapse. 

Instead, it may be a familiar pause inside a structure that looks very similar to the one XRP formed before its 2017 rally. If this holds, then XRP might be well on track to hitting a 1,500% rally to $20.

A Familiar Breakout Structure For XRP

According to technical analysis posted on the social media platform X by crypto analyst Javon Marks, XRP’s current pattern setup and breakout process are extremely similar to the move that preceded its major 2017 rally. 

Interestingly, the analyst’s view is based on a side-by-side comparison of two large market structures on the long-term chart, both of which appear to form symmetrical triangle-like consolidations that ended with a breakout attempt, a brief fakeout beneath support, and then an upside expansion.

To understand why Marks is making this call, you have to go back to 2014. XRP spent nearly three years carving out a descending triangle that was defined by a series of lower highs pressing against a flat or declining support base. The chart shows multiple rejected peaks between 2014 and 2016, with each bounce leading to lower highs. Most traders watching at the time would have seen a broken asset grinding lower.

XRP

The twist came in late 2016, when the price briefly fell below the triangle’s lower boundary to create a false breakdown. From there, XRP snapped back violently, broke out of the entire structure, and launched a 2,029.78% rally that pushed to new all-time highs. 

The current chart structure appears to follow the same sequence. XRP spent multiple years coiling between descending resistance and rising support between 2018 and 2024, printed another false breakdown near the end of the formation, and then broke upward in 2025. That move already produced a powerful surge to a new price high of $3.65, but the overall breakout process may not be finished yet.

XRP To Rally Above $20

The important part of the analysis is that XRP may now be in the same stage where it briefly cooled off before the next leg of the 2017 move. According to Marks, this current retreat, back to the $1.30s and $1.40, is structurally identical to the brief consolidation that followed XRP’s 2017 breakout before the parabolic leg higher truly kicked off.  In his words, “Right now is only a temporary pullback before a move well above the $20 mark.”

However, the $20 target is not the last stop. Based on a purely technical outlook, the chart also shows a much larger measured move, with a peak projection just above $90 based on how the 2017 rally finally peaked.

XRP
Disclaimer: For information purposes only. Past performance is not indicative of future results.
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