XRP Rally Could Exceed 600%, Analyst Says

In Brief

• Analyst says XRP could rally over 600%.
• Breakout pattern previously led to a 500% surge.
• Current setup points to a potential $10 target.

XRP may be preparing for another massive move against Bitcoin (BTC), taking into account a technical breakout that previously preceded a rally of more than 500%. The setup could now support a 620% upside move, potentially pushing XRP toward $10 or higher if the pattern continues to play out.

Previous XRP Breakout Led To 500% Rally

According to an analysis shared by prominent cryptocurrency market expert Javon Marks in an X post on March 4, the earlier signal appeared in June 2024, when XRP was trading around $0.50.

At the time, the analyst argued that XRP had broken out against Bitcoin on a key chart structure. That breakout implied a move of roughly 3.3 times higher, or about a 230% increase. The rally that followed significantly exceeded that projection.

XRP eventually climbed more than 500%, reaching levels above $3.30 during the run. The move was widely discussed in the crypto community, with some financial media outlets even describing it as one of the standout trades of the year.

*XRP/Bitcoin setup that led to over 500% gains for XRP in 2024. Source: Javon Marks/X*

Marks now believes a larger version of the same technical setup may be forming again.

New Breakout Could Target $10

The analyst says XRP is currently holding a broader breakout against Bitcoin, which could point to a substantially larger move this time.

Based on his chart analysis, the structure could support a gain of more than 620% from current levels. That projection would place a potential minimum target near $10 per XRP, with the possibility of an even larger upside if momentum builds.

“Today, we see XRP holding a larger breakout against Bitcoin, and this time sights are on a >620% move happening, if not much more. That’s ~$10 minimum for XRP from here…”

Meanwhile, XRP is currently changing hands at the price of $1.44, which indicates an increase of 2.4% on the day, a 0.6% decline across the week, and an accumulated loss of 10.8% over the past month, per the latest chart data.

*XRP price 7-day chart. Source:* *CoinGecko*

Technical traders often track XRP’s price performance against Bitcoin because it can signal whether the asset is gaining relative strength across the broader crypto market.

When altcoins begin outperforming Bitcoin on these pair charts, it sometimes coincides with larger altcoin market cycles.

Though the scenario outlined by Marks remains a projection rather than a certainty, the analysis reflects a growing narrative among traders that XRP could attempt another large move if its strength against Bitcoin continues to hold.