 ▲ XRP / ChatGPT-generated image |
Expectations among investors are rising as analysis suggests that XRP could surge as high as $42 based on technical chart patterns, moving beyond mere speculative optimism.
According to cryptocurrency media outlet The Crypto Basic on February 19 (local time), virtual asset analyst Javon Marks recently observed that XRP’s current chart structure closely resembles the pattern that preceded its explosive rally in 2017. Marks emphasized that XRP is attempting to break out of a massive multi-year symmetrical triangle consolidation pattern, noting that this assessment is grounded not in speculation but in structural market data.
Currently trading around $1.40 and appearing to be in a consolidation phase, Marks described this period as a preparatory stage for a potential explosive rally. He pointed out that when XRP formed a similar pattern in the past, it recorded gains of more than 60,000%, and he set a price target of $42 for this cycle. This would represent an increase of over 3,000% from current levels, a target he argues is achievable if supported by sufficient market liquidity and institutional capital inflows.
Technical indicators are also sending positive signals. The Relative Strength Index suggests there is still ample room for upward momentum, while the Moving Average Convergence Divergence indicator appears to be compressing energy ahead of a bullish crossover. In particular, the ongoing legal dispute between Ripple and the U.S. Securities and Exchange Commission nearing its conclusion, along with Ripple’s stablecoin RLUSD gaining traction within the ecosystem, are cited as key drivers strengthening XRP’s fundamental utility and price potential.
Marks acknowledged that the $42 target may seem unrealistic but asserted that structural signals on the chart do not lie. He advised investors to focus on the long-term chart structure rather than short-term volatility. The tokenization of assets via the XRP Ledger and the surge in cross-border payment demand are expected to elevate XRP beyond a simple virtual asset into a core pillar of global financial infrastructure.
Ultimately, XRP is seen as a strong candidate to emerge as a leading asset in the 2026 cryptocurrency market, with the potential to outperform Bitcoin (BTC) in returns. Experts predict that once a breakout from the current trading range is confirmed, unprecedented buying pressure could flood the market. When market energy bursts through upper resistance levels, a historic move toward $42 may begin in earnest.
*Disclaimer: This article is for investment reference purposes only and we are not responsible for any investment losses resulting from its use. The content should be interpreted for informational purposes only.*
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