XRP is in a spot that could decide whether the cryptocurrency’s larger cycle still has room to run. Although the price action runs around $1.40, One new technical view claims that the current weakness cannot be the beginning of a deeper collapse.
Instead, it could be a known break within a structure very similar to the one XRP formed before the 2017 rally. If this is correct, XRP may be well on its way a 1,500% rally to $20.
A well-known breakout structure for XRP
According to technical analysis posted on the crypto analyst Javon Marks’ social media platform
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Interestingly, the analyst’s view is based on a side-by-side comparison of two major market structures on the long-term chart, both of which appear to form symmetrical, triangular consolidations that ended with a breakout attempt, a short fake-out below support, and then an upward expansion.
To understand why Marks makes this call, you have to go back to 2014. XRP spent nearly three years carving out a descending triangle defined by a series of lower highs pressing against a flat or descending support base. The chart shows multiple rejected peaks between 2014 and 2016, with each rebound leading to lower highs. Most traders watching at the time would have seen a broken asset plummet.
The twist came in late 2016, when the price briefly fell below the lower limit of the triangle, creating a false breakdown. From then on, XRP retreated violently, breaking out of the entire structure and launching a 2,029.78% rally that rose to new all-time highs.
The current map structure appears to follow the same order. XRP spent several years between falling resistance and rising support between 2018 and 2024, pushed another false collapse near the end of the formation, and then broke higher in 2025. That move already caused a strong rise to a new price high of $3.65, but the overall breakout process may not be complete yet.
XRP will rise above $20
The most important part of the analysis is that XRP is now in the same phase where it cooled briefly before the next leg of the 2017 move. According to Marks this current retreat, back to the $1.30 and $1.40 are structurally identical to the short consolidation that followed XRP’s 2017 breakout before the parabolic leg really took off. In his words: “Right now there is only a temporary pullback before a move well above $20.”
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However, the $20 target is not the final 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.
Featured image from iStock, chart from Tradingview.com