XRP Price Could Surge 1,500% to $20 If It Follows This 2017 Pattern

XRP is currently at a crucial point that could determine if the cryptocurrency's larger cycle is still ongoing. While the price is hovering around $1.40, a new technical analysis suggests that this current dip may not signal a deeper decline. Instead, it could be a familiar pause in a pattern resembling the one XRP exhibited before its surge in 2017. If this analysis holds true, XRP could be set for a staggering 1,500% increase to reach $20.

Key Takeaways

XRP is currently at a pivotal point that may lead to a substantial price increase.
The recent price action around $1.40 could reflect a temporary pause rather than a downturn.
Technical analysis indicates the current pattern mirrors that of XRP's move before the 2017 rally.
There is potential for XRP to rise by 1,500%, reaching $20, based on past price movements.
Further technical analysis suggests a possible peak of over $90 in the longer term.

XRP

An Analysis of XRP's Breakout Pattern

Crypto analyst Javon Marks shared a technical outlook on the social media platform X, indicating that XRP's current formation and breakout characteristics closely mirror those before the significant 2017 rally. His analysis involves a direct comparison of two substantial market structures observed on the long-term chart, both of which resemble symmetrical triangle consolidations followed by breakout attempts, a brief false breakdown below support, and subsequent upward movement.

To grasp Marks’ reasoning, we need to look back to 2014. XRP spent nearly three years forming a descending triangle characterized by a series of lower highs pressing against a flat or declining support base. The chart reveals several peaks rejected between 2014 and 2016, with each rebound resulting in lower highs. Most traders at that time likely viewed XRP as a broken asset continuously grinding lower.

XRP Source: Chart from Javon Marks on X

A turning point occurred in late 2016 when the price momentarily dipped below the lower boundary of the triangle, resulting in a false breakdown. Following this, XRP sharply rebounded, broke free from the entire structure, and launched into a rally of 2,029.78%, reaching new all-time highs.

The current chart setup seems to follow a similar sequence. XRP has been coiling between descending resistance and rising support from 2018 to 2024, experienced another false breakdown near the end of this formation, and then broke upward in 2025. This move already led to a significant surge, reaching a new price high of $3.65, but the breakout process may still have more to unfold.

Projections for XRP’s Future Rally

A critical aspect of this analysis is that XRP may currently be at a stage reminiscent of the brief cooldown it underwent before the next phase of its 2017 rise. According to Marks, the recent pullback to the $1.30s and $1.40s reflects a structure identical to the brief consolidation phase that followed XRP’s breakthrough in 2017, just before the explosive upward movement began. In Marks' words, “Right now is only a temporary pullback before a move well above the $20 mark.”

However, the $20 mark isn’t the ultimate destination. Purely from a technical perspective, the chart indicates a much larger potential price movement, with projections suggesting a peak just above $90, based on the peak of the 2017 rally.

XRP XRP trading at $1.41 on the 1D chart | Source: XRPUSDT on Tradingview.com