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$XRP is setting up for a major price breakout, according to analyst Javon Marks, who cited a long-term technical structure.
While the coin trades below $1, Marks maintains that $XRP’s measured-move target remains above $15, with a more precise projection of around $17.
The forecast comes as $XRP trades near the lower end of its recent range, with the cryptocurrency facing renewed bearish sentiment after a prolonged decline from its 2025 peak.
$XRP Targeting Approximately $17
In his post, Marks said $XRP’s long-term technical target is above $15, with $17 being a more specific projection. He says $XRP is approaching another important point following its strong breakout in late 2024.
Notably, before the 2024 breakout, $XRP had remained stuck around the $0.50 range before things changed for good in November. During that month, $XRP broke above $1 for the first time since 2021 and continued to $2 by December 2024, marking its first time reaching that level since 2018. The momentum then pushed $XRP to $3 by January 2025.
The momentum culminated in $XRP reaching $3.66 in mid-2025, after which its price continued to decline. Now, it is trading below $1 again. Meanwhile, Marks sees an opportunity for another massive price explosion.
He said that if $XRP breaks upward again, it could potentially gain more than 1,350% from the levels he highlighted. However, $XRP would first need to break through several resistance levels and maintain a strong upward trend.
These include the $2 and $3 psychological price levels. Therefore, the $17 target is only a technical prediction and is not a guaranteed price.
73% Below Its 2025 Peak
$XRP’s current market performance remains far removed from the bullish scenario outlined by Marks.
According to CoinMarketCap data, $XRP was trading at approximately $0.9945 at press time, down 1.10% over the past week and 9.13% over the past month. The token is also down roughly 46% year-to-date.
More significantly, the coin remains about 73% below its July 2025 all-time high of $3.66. The contrast highlights the scale of the recovery $XRP would need to reach the projected $15-$17 region.
ChartNerd Says $XRP’s Falling-Wedge Pattern Is Working Out
Another $XRP analyst, ChartNerd, is also bullish on $XRP’s long-term outlook. He says $XRP is following a falling-wedge pattern, which suggests that a major price reversal could occur.
ChartNerd believes $XRP’s ongoing decline is a temporary reset. He believes the coin is moving back into its previous “triangle” pattern, which could set the stage for another major rally.
ChartNerd also pointed out how quickly investor sentiment has changed. When $XRP was around $3.60, many people wished they had bought it below $1. Now that $XRP is back near $1, investors have become much more negative and skeptical.
In sum, both analysts believe $XRP’s current weakness will eventually lead to another major rally. Marks sees a long-term target of around $17, while ChartNerd believes $XRP could dip to $0.70 but expects a double-digit price target in the next bull cycle.