Ripple’s XRP is once again catching the eye of investors as momentum builds around its recent breakout. After years of consolidation and legal uncertainty, XRP is showing strong signs of life, and some analysts believe the price could go much higher.
A recent chart shared by crypto analyst Javon Marks addresses that exact question. At the time of his analysis, XRP price was trading around $2.20 after breaking out of a long-term triangle pattern. Javon compares this current move to XRP’s legendary run in 2017, where it soared from under a dollar to nearly $4 in a matter of weeks.
He points to a familiar setup: multiple support touches, a clean breakout through resistance, and consolidation right above the previous barrier. It’s the same pattern, only this time, the triangle is larger, and so could be the breakout.
Using Fibonacci extension levels, Javon suggests XRP price could hit the 2.618 Fib level once again. Back in 2017, that target was around $2.13. This time? It lines up near $123. According to Javon, this level isn’t just random, it’s based on repeating fractal structures and historical price symmetry.
Ripple’s market cap sits at about $131.7 billion, with a total supply of nearly 100 billion XRP. That would mean hitting $123 per coin requires a massive surge in market value, well above $12 trillion, making it an ambitious target, but one that has sparked massive speculation online.
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Why XRP Price Has Room to Grow
Javon Marks isn’t the only one who sees potential. Many in the XRP community argue the token is still undervalued despite its recent gains, and they’re pointing to several key reasons why the price could continue rising.
First and foremost is the long-awaited legal clarity. With the SEC case mostly behind Ripple, a major source of uncertainty has been removed. This has opened the door for institutions to start taking XRP seriously.
Moreover, the growing adoption of Ripple’s technology across financial institutions. Banks and payment providers are using RippleNet and XRP’s On-Demand Liquidity (ODL) system to send money across borders more quickly and cheaply. This demand might keep growing as financial systems update.
Another big factor is the CME Group’s plan to launch XRP futures on May 19, 2025. This signals increased institutional demand and could eventually pave the way for ETFs. More financial tools around XRP typically mean more liquidity and more interest.
There’s also a favorable political shift. Recent moves by the U.S. administration, including talk of a strategic crypto reserve that includes XRP, are creating a more welcoming regulatory environment, something that was sorely lacking during XRP’s long legal battle.
Inside the Bullish Case for XRP
Javon’s chart isn’t just guesswork, it’s rooted in strong technicals. The breakout happened with volume, previous resistance has turned into support, and XRP is now in what’s called “price discovery mode,” where it doesn’t have clear resistance above. That means there’s room to run, and fast.
He argues that because the 2024 triangle pattern is much larger than 2017’s, the eventual move could also be much bigger. A jump to $123 would represent over 50x from the current price, a gain many would consider unthinkable just months ago.
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Of course, not everyone is convinced. Traditional analysts are staying more conservative, with forecasts ranging between $2 and $6 for 2025. Standard Chartered sees XRP hitting $5.50, while Changelly’s more cautious view pegs it below $2.
But for long-term believers, especially those holding since before the SEC lawsuit began, this is exactly the type of breakout they’ve been waiting for.
Could XRP Price Hit $123 Happen?
Skeptics will point out that the massive market cap needed to reach $123, over $12 trillion, is far beyond anything crypto has ever seen. And they’d be right. But crypto has surprised before, and in a full-blown altcoin season, XRP price has historically moved faster and further than most expect.
As always, it’s wise to stay grounded. XRP has room to grow, but it also comes with risks. Still, with legal clarity, increasing adoption, and bullish technicals aligning, some investors are starting to wonder, what if the wild predictions are right this time? One thing’s for sure: XRP’s story is far from over.
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