WikiBit 2026-02-28 00:02The late-2024 $XRP breakout is back in focus, with market watchers suggesting the move could still b
The late-2024 $XRP breakout is back in focus, with market watchers suggesting the move could still be pointing to a much larger upside target.
For context, $XRPs price surge 647% from $0.49 in late 2024 to above $3.60 by mid 2025. While the price has retracted 70% from that peak, market watchers believe a continuation is now due.
Key Points
$XRP 900%+ Price Surge Loading
In a post on X, widely followed market analyst Javon Marks raised the possibility of another parabolic run in $XRP prices. He stressed that $XRPs measured move target above $15 “goes unchanged.”
Marks argues that the structural breakout that occurred in late 2024 continues to support the possibility of a 10x move, a surge of more than 900% from current levels.
According to the analyst, $XRPs breakout from a multi-year triangle formation in November 2024 remains technically valid despite months of choppy price action.
Measured move projections is ypically calculated by taking the height of a consolidation pattern and extending it upward from the breakout point.
At the time of writing, $XRP is trading around $1.38, down 4.3% over the past day with a yearly dip exceeding 38%. From today‘s price levels, Marks’ $15 ‘measured move’ outlook would represent a gain of 1,008%.
“Its All Coming Together”
The bullish outlook is echoed by Korean certified Elliott Wave analyst XForceGlobal, who recently stated that “its all coming together” for $XRP from a structural perspective.
He argues that $XRP has already checked off two major milestones:
In other words, an impulsive expansion phase could follow this major reset. The analyst maintains that short-term volatility does not invalidate the broader wave structure. Instead, he describes the sideways action as “compression,” not weakness.
His earlier projections labeled $6 as a conservative Fibonacci extension target. More recent commentary references $5 and $10, highlighting expectations for double digit price this year.
Five Red Months and a Potential Reset
Another data point fueling speculation is $XRPs rare streak of five consecutive red monthly candles, something not seen since the 2016–2017 consolidation phase.
That earlier five-month decline was followed by an explosive rally in 2017. While todays market conditions are vastly different, some analysts believe history could repeat itself.
Moreover, the recent wave of capitulation, including over $900 million in realized losses by holders in a single week, suggests weaker hands may have exited. Supporters argue this could leave stronger long-term participants positioned for a reversal if momentum returns.
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