Crypto analyst Javon Marks is sticking with a bullish long-term view on XRP despite the token’s recent slide below $1.30. Marks says the recent weakness is a temporary setback inside a larger, decade-spanning technical pattern that he believes still points to a multi-digit breakout.
Marks’ case and historical precedent
- Marks shared a chart covering XRP’s price action from roughly 2014 into a projected 2026 timeline. He highlights a recurring sequence across past cycles: a descending triangle or wedge, a “false breakdown” beneath key support, and then a parabolic rally to new highs.
- That pattern showed up in 2017 and again heading into 2021, each time preceding very large gains. Marks argues the late-2024 move — when XRP climbed from about $0.55 to over $2.20 — mirrors the 2017 jump that preceded a final bull run to $3.84 in 2018.
- Based on his measured-move approach, Marks still targets roughly $15 for XRP, implying roughly a tenfold increase (more than 900%). His chart also projects a peak zone between $15 and $18 and includes a vertical measurement that, depending on the baseline used, illustrates a much larger theoretical surge (the graphic cites ~2,872.31%).
Other bullish takes and on-chain action
- Analyst Steph is Crypto has identified a multi-year Cup-and-Handle formation that could drive a rally toward the $4 area. In Steph’s view, clearing that resistance decisively could open the path to a much higher target north of $30.
- On-chain and derivatives data show whales are still making bold bets. Market watcher Xaif Crypto flagged a recent $3.34 million long on XRP opened by a single whale, with only $193,000 in equity and a 104% margin — effectively a highly leveraged “all-in” position. Xaif warned that a drop to $1.37 would threaten that position.
Current price and risks
- XRP has already slipped below $1.30 and was trading near $1.28 at the time of reporting. Marks and other bullish analysts frame this pullback as part of a larger setup, but leveraged whale positions and near-term resistance levels mean downside risk remains, especially for traders using heavy margin.
Bottom line
Marks and several other analysts remain constructive on XRP’s long-term upside, citing repeatable technical patterns and on-chain interest from large traders. Still, volatile price action and leveraged positions underscore that any path to double-digit targets will likely be bumpy and carries significant risk for short-term holders.
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