Some XRP watchers are not waiting for a dip below $1. They are looking the 
other way — toward $17. Related Reading: XRP Faces No Immediate Quantum Threat 
As Only 0.03% Supply Seen At Risk: Analyst The Pattern Behind The Price Target 
Market analyst Javon Marks has mapped out a long-term bull case for XRP using 
a measured move — a method that takes the size of a past rally and projects 
the same distance from a new breakout point. 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. The setup goes back 
years. According to Marks, XRP formed a large pennant pattern starting in 
2017, right after the token&#8217;s first major surge. To a fairly precise degree, 
the measured move price target for $XRP is right under $17. 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 — JAVON⚡️MARKS (@JavonTM1) April 8, 2026 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. 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. In other words, if history repeats itself — and that is a big if — 
XRP could still be in the early part of a much larger move. XRP: Debate Among 
Analysts Not everyone is convinced the ride up will be smooth. Some XRP 
followers have raised the possibility of a fake breakout before any real rally 
takes hold. 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. 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. XRP has been sending mixed signals this 
week. The token climbed to around $1.39 after news of an Iran ceasefire, then 
pulled back to roughly $1.32 — a drop of about 3.3% in 24 hours. Related 
Reading: Bessent Presses Congress On Crypto Rules As Senate Clock Ticks Down 
Other Bullish Voices In The Mix 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 count, with Wave 3 potentially driving XRP toward $24. 
Separately, another market commentator said XRP may be approaching a fresh 
all-time high after breaking out of a resistance-support triangle. At the same 
time, some analysts have held onto the view that a drop below $1 remains on 
the table before any major move higher. That split shows just how divided the 
XRP crowd remains heading into what could be a defining stretch for the token. 
Featured image from Unsplash, chart from TradingView

XRP Eyes $17 After Massive Breakout—Is A 1,100% Surge Next?

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