XRP, the cryptocurrency at the heart of Ripple’s network, has long been a topic of debate among analysts. One bold forecast that has recently gained attention comes from analyst Marks, who drew parallels between XRP’s current price action and its behavior during the 2017 rally. According to Marks, the similarities are striking, suggesting that XRP could be on the verge of a massive surge, potentially increasing by as much as 3,900%.
$XRP to $99+🪞:
— JAVON⚡️MARKS (@JavonTM1) February 7, 2025
The truth is, most of what we have to connect dots with on XRP is its past price performance and man oh man is this breakout and run shaping up extremely similar to 2017.
Prices recently met the All Time High, using it as a resistance, just as it did in 2017… https://t.co/gjFsTxYSwG pic.twitter.com/F0wVWE8v0z
Marks pointed out that XRP has recently encountered a resistance zone near its all-time high (ATH), similar to what occurred in 2017. Back then, XRP broke through its resistance and surged beyond its previous peak. Marks believes history could repeat itself, and if it does, XRP could see a rally that could drive its price to as high as $99 — a nearly 40X increase from its current level of $2.41. If such a price target were to be achieved, XRP’s market cap could reach an astronomical $5.7 trillion or even $10 trillion in fully diluted valuation.
While this prediction has garnered interest, it remains speculative. Some market participants share Marks’ optimism, while others caution that such forecasts need to be taken with a grain of salt. Despite the bullish outlook, critics argue that drawing parallels to 2017 may be flawed. Analyst Dom, for example, dismisses the idea of comparing current market conditions to past patterns, claiming that the market has changed and the fractal pattern that existed back then no longer applies.
$XRP
— Dom (@traderview2) February 4, 2025
In my opinion, 2017 is now irrelevant
I see many trying to pinpoint comparison to 2017 still, I think it's a waste of time
The fractal has broken. We are in a new era and game now…
Sometime the rear view helps, but not anymore IMO pic.twitter.com/03ePoONaNV
Others, however, see XRP’s potential beyond mere technical charts. Speculation about XRP’s inclusion in a U.S. digital asset reserve, its role as a faster and cheaper alternative to SWIFT, and Ripple’s expanding global partnerships continue to fuel hopes for substantial growth.
Also Read: Can XRP Reach $10,000? Market Pundit Weighs In on Bull and Bear Scenarios
While the idea of XRP reaching $100 excites many, analysts continue to warn that such expectations may be unrealistic, urging caution for those betting on a massive rally.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
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