Crypto analyst Javon Marks has shared an optimistic forecast for the XRP price, suggesting it could surge to $14, potentially leading Bitcoin in the rally. He referenced a previous trend where XRP outperformed BTC, instilling confidence that such dynamics can recur.
Analyst Anticipates XRP Price Reaching $14, Leading Bitcoin
In a post on X, Javon Marks asserted that XRP is poised to surpass Bitcoin by over 600% this time, potentially driving the altcoin’s price above $14. He highlighted that in previous instances when XRP outperformed Bitcoin by over 240%, its price surged by more than 570%. Consequently, he is optimistic that similar movements can occur again.
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The analyst provided a chart indicating that this anticipated XRP price rally could unfold between now and mid-2027, with XRP expected to outshine Bitcoin in this timeframe. However, Marks did not specify what factors could catalyze such a price rally, especially since XRP has closely followed the leading cryptocurrency in this market cycle.
Currently, XRP has a year-to-date (YTD) loss of just over 7%, while Bitcoin’s YTD loss stands at just under 2%. However, XRP is experiencing renewed bullish activity influenced by spot ETFs, which launched recently. The XRP ETFs have reached $1 billion in assets under management (AuM), marking the fastest crypto asset to achieve this milestone since Ethereum.
As Ripple CEO Brad Garlinghouse pointed out, this reflects the high demand for these crypto products, which may act as a driver for higher XRP prices. Meanwhile, the XRP Ledger may witness increased adoption following the v3.0.0 upgrade, potentially enhancing XRP’s utility.
XRP at a “Decision Point”
Crypto analyst CasiTrades noted that XRP is currently at a decision point. She explained that until XRP surpasses the $2.41 resistance and moves towards $2.65, the bullish outlook remains uncertain. Conversely, she indicated that if the price falls below the $2.04 support level, a bearish trend towards $1.73 and possibly $1.64 could emerge, which represents the .618 macro support.
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CasiTrades emphasized that no conclusions have been drawn regarding the XRP price as both scenarios are still viable. She noted that the $2.04 level provides an optimal entry point for traders, positioning them for either outcome. The analyst explained that if the price remains stable and moves upward, these traders will have entered ahead of any confirmations. Meanwhile, if the price breaks down, they can set a stop just below support or at break-even.
At present, the XRP price hovers around $2.01, reflecting a decline of over 3% in the last 24 hours, according to data from CoinMarketCap.
Featured image from Adobe Stock, chart from Tradingview.com
