XRP Fractal Pattern Hints at 66% Rally to $4.80, Long-Term Targets Up to $127
Market analyst Javon Marks identifies a large symmetrical triangle consolidation in XRP’s recent price action, mirroring the pattern that preceded the token’s 2017 parabolic rally. Marks overlays the current formation with the 2017 fractal to suggest a potential 66% upside from $2.81 to around $4.80 if the breakout holds. Key support lies between $2.47 and $2.70, while resistance sits at $3.30–$4.00. Other analysts forecast up to an 85% rebound if XRP price maintains support.
Longer-term Fibonacci extension targets based on the fractal include $7.77 and $9.63 (a 251% gain), with an extreme scenario reaching $127—reflecting a 50× surge. On-chain data shows nearly $500 million in XRP moved to exchanges last week, hinting at selling pressure. Traders should watch volume-driven breaks above resistance and defense of the $2.47 floor. While risks of extended consolidation remain, the fractal analysis offers a roadmap for both short- and long-term XRP price scenarios.
Bullish
Javon Marks’s use of a symmetrical triangle fractal—echoing XRP’s 2017 breakout—provides a clear bullish roadmap. The pattern historically preceded parabolic rallies, and the current support at $2.47–$2.70 has held firm. A breakout above $3.30–$4.00 on strong volume could trigger a 66% rally to $4.80, with Fibonacci extensions pointing to even higher targets of $9.63 and, in an extreme scenario, $127. Although recent on-chain outflows signal possible selling pressure, technical traders often view such patterns as buying opportunities near support. Similar fractal breakouts in past cycles led to rapid gains, making this setup attractive for both short-term longs and longer-term positions. The overall technical alignment and historical precedent justify a bullish categorization.