Some XRP watchers are not waiting for a dip below $1. They are looking the other way \u2014 toward $17.<\/p>\n
Market analyst Javon Marks has mapped out a long-term bull case<\/a> for XRP using a measured move \u2014 a method that takes the size of a past rally and projects the same distance from a new breakout point.<\/p>\n His chart points to a price target of $16.39, which would represent a gain of more than 1,100% from current levels. That works out to roughly a 12x increase.<\/p>\n The setup goes back years. According to Marks, XRP<\/a> formed a large pennant pattern starting in 2017, right after the token\u2019s first major surge.<\/p>\n To a fairly precise degree, the measured move price target for $XRP<\/a> is right under $17.<\/p>\n This means that another increase of over 1,111% could take place in response to the huge, 2017-like pennant breakout which occurred in late 2024. pic.twitter.com\/4Hj5gZJYkj<\/a><\/p>\n \u2014 JAVONMARKS (@JavonTM1) April 8, 2026<\/a><\/p>\n\n That kind of pattern typically reflects a pause before a trend picks back up. He says XRP broke out of that pennant in late 2024, during a broader market rally that followed the US presidential election.<\/p>\n Using the scale of the original 2017 run as a guide, Marks projects the next leg of the move could carry XRP to near $17.<\/p>\n In other words, if history repeats itself \u2014 and that is a big if \u2014 XRP could still be in the early part of a much larger move.<\/p>\n Not everyone is convinced the ride up will be smooth. Some XRP followers have raised the possibility of a fake breakout<\/a> before any real rally takes hold.<\/p>\n Marks acknowledged that kind of short-term volatility is possible. Still, he stood by the overall structure, saying the current setup closely mirrors what XRP looked like in 2017 before it made its big run.<\/p>\n At current prices, Marks argues XRP is trading at a steep discount relative to where the measured move points. That framing has attracted attention from traders who follow chart-based analysis closely.<\/p>\n XRP has been sending mixed signals this week. The token climbed to around $1.39 after news of an Iran ceasefire<\/a>, then pulled back to roughly $1.32 \u2014 a drop of about 3.3% in 24 hours.<\/p>\n Other Bullish Voices In The Mix<\/p>\n Marks is not alone in making a high-target call, though the numbers vary widely. Analyst CG has pointed to a two-year Elliott Wave<\/a> count, with Wave 3 potentially driving XRP toward $24.<\/p>\nXRP: Debate Among Analysts<\/h2>\n