The Ripple XRP once again attracts the attention of investors while Momentum accumulates around its recent escape. After years of consolidation and legal uncertainty, XRP shows solid signs of life, and some analysts think that the price could increase.
A recent graphic shared by Crypto analyst Javon Marks addresses this exact question. At the time of its analysis, the XRP price was negotiated about $ 2.20 after releaseing a long -term triangle model. Javon compares this current decision to the legendary XRP race in 2017, where she went from less than $ 4 to $ 4 in a few weeks.
He points to a familiar configuration: several support keys, a clean break by resistance and consolidation just above the previous barrier. It is the same motif, only this time, the triangle is larger, and could therefore be the break.
Using Fibonacci extension levels, Javon suggests that the XRP price could again reach the level of 2.618 FIB. In 2017, this goal was around $ 2.13. This time? He aligns nearly $ 123. According to Javon, this level is not only random, it is based on repetitive fractal structures and a symmetry of historical prices.
Ripple's market capitalization is around $ 131.7 billion, with a total offer of almost 100 billion XRP. This would mean reaching $ 123 per room requires a massive increase in market value, well above 12 dollars, making it an ambitious target, but which has triggered massive online speculation.
Why the XRP price has room to grow
Javon Marks is not the only one to see the potential. Many in the XRP community maintain that the token is still undervalued despite its recent gains, and they point to several key reasons for which the price could continue to increase.
First and foremost is long -awaited legal clarity. With the dry case mainly behind Ripple, a major source of uncertainty has been deleted. This opened the door to institutions to start taking XRP seriously.
In addition, the growing adoption of Ripple's technology between financial institutions. Banks and payment providers use the liquidity system at the Ripplenet and XRP request to send money between borders faster and at a lower cost. This request could continue to grow to update financial systems.
Another big factor is the The CME group's plan to launch XRP's term contracts on May 19, 2025. This reports has increased institutional demand and could possibly pave the way for ETFs. More financial tools around XRP generally mean more liquidity and more interest.
There is also a favorable political change. Recent measures from the American administration, including discussions on a strategic cryptography reserve which includes XRP, create a more welcoming regulatory environment, which was sorely lacking during the long legal battle of XRP.
Inside the bullish case for XRP
Javon's graphic is not only a conjecture, it is rooted in strong techniques. The escape occurred with the volume, the previous resistance has turned into support and XRP is now in what is called the “price discovery mode”, where it has no clear resistance above. This means there is room to run and fast.
He maintains that because the triangle 2024 model is much larger than that of 2017, the possible decision could also be much greater. A leap to $ 123 would represent more than 50 times compared to the current price, a gain that many would consider unthinkable a few months ago.
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Of course, not everyone is convinced. Traditional analysts remain more conservative, with forecasts between $ 2 and $ 6 for 2025. Standard Charterd sees XRP reaching $ 5.50, while the more cautious View of Changelly is 2 $ 2.
But for long -term believers, in particular those who have been held since the start of the dry trial, it is exactly the type of escape they were waiting for.
Could the XRP price reach $ 123 to occur?
The skeptics will emphasize that the massive market capitalization necessary to reach $ 123, more than 12 billions of dollars, is far beyond everything that Crypto has ever seen. And they would be right. But the crypto has already surprised, and in a full blow Altcoin season, the XRP price has historically evolved faster And further than most expect.
As always, it is wise to remain anchored. XRP has room to grow, but it also includes risks. However, with legal clarity, growing adoption and bullish technical alignment, some investors are starting to wonder, what happens if the wild predictions are correct this time? One thing is certain: the story of XRP is far from over.
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