XRP Price Prediction: One Analyst Just Predicted XRP Will Hit $17 Based on a Pennant Breakout Pattern

By Sam Daodu Published Apr 10, 12:48PM EDT

Quick Read

Analyst targets an XRP price of $17 based on a pennant breakout pattern that started forming in 2017 and broke out in late 2024.
At $17, XRP’s market cap would hit roughly $1 trillion, which would make it larger than any altcoin in history and would need the total crypto market to hit $8 trillion.
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XRP Price Prediction: One Analyst Just Predicted XRP Will Hit $17 Based on a Pennant Breakout Pattern — © Summit Art Creations / Shutterstock.com

The XRP (CRYPTO: XRP) price has been grinding between $1.28 and $1.40 for most of 2026. Every rally toward $1.40 gets sold into as sellers are clustered at key price levels above $1.45. The ceasefire between the U.S. and Iran that pushed XRP to $1.38 earlier this week has already started fading, with the price back at $1.35.

Most analysts are focused on whether XRP holds $1.35 or drops back to $1.28. But crypto analyst Javon Marks just posted a chart that puts the XRP price target at just under $17, which is over 1,100% above where it trades now.

Marks is the analyst who called XRP’s move from $0.56 to $2.47 back in January 2024, months before it happened. The XRP price eventually blew past his target and hit $3.65. His new prediction is based on a pennant breakout pattern that started forming in 2017, and if it plays out, XRP would become a trillion-dollar asset.

The Chart Pattern Behind the $17 XRP Price Target

XRP crypto currency

XRP surged from $0.006 to $3.31 in 2017 in one of its biggest rallies in history. After that move, the price collapsed and spent the next seven years consolidating inside what technical analysts call a pennant. A pennant is a pattern where the price trades within tightening highs and lows after a big move, usually before continuing in the same direction.

In late 2024, the XRP price broke out of that pennant during the post-election crypto rally, jumping from $0.49 to above $3.60 by mid-2025. Marks uses a method called a measured move, which takes the size of the original 2017 rally and projects it forward from the 2024 breakout point. The analysis falls on $16.39, just under the $17 target he posted on April 8.

XRP already moved 647% from the breakout before pulling back to where it currently trades at $1.35. Marks argues this pullback is part of the pattern, not a sign that the breakout failed. XRP pulled back sharply in 2017 too before completing its full measured move. If the same thing happens this time, the next leg could potentially hit a 1,100% of upside from current prices.

What Would It Actually Take for XRP to Reach $17?

Ripple (XRP) and cryptocurrency investing concept - Physical metal Ripple coins with global trading exchange market price chart in the background.

At $17, XRP’s market cap would sit around $1 trillion based on the current circulating supply of roughly 61 billion tokens—and no altcoin has ever come close to that. Ethereum peaked near $600 billion at its highest point, and even Bitcoin’s current market cap is around $1.4 trillion. For the XRP price to reach $17, the total crypto market would probably need to be well above $8 trillion, which is more than three times its current size.

For XRP to reach such a valuation, a lot of things need to change. Banks on Ripple’s network would need to start settling in XRP instead of RLUSD and fiat, which requires the CLARITY Act to pass and give them the legal cover to do so. XRP ETF inflows would also need to blow past the $1.2 billion they’ve attracted so far. XRP reaching $17 would likely need sustained inflows in the tens of billions over multiple years, along with institutional adoption at a scale.

Moreover, XRP is now being used as a key part of Ripple’s cross-border payment solutions. The XRP Tokyo 2026 conference on April 7 brought together SBI Holdings, Mitsubishi UFJ, and three Southeast Asian central banks. Live demos at the event settled yen-to-dollar transactions in under four seconds using XRP as the bridge asset. This is the sort of real-world usage that XRP needs to scale massively for the price to ever reach double figures and potentially $17.

Marks is not predicting that this happens overnight, as his analysis is based on the measured move playing out over the course of this market cycle. Measured moves like this one can take months or even years to complete. The analysis is technically sound, and Marks has been right before, but XRP hitting $17 means it needs to go from a payment network demo to a trillion-dollar financial rail.

Can XRP Realistically Hit $17 This Cycle?

XRP reaching $17 is possible, but it would take a lot more than a chart pattern to get there. Marks has been right before, and the pennant breakout he is pointing to is a real setup. But a trillion-dollar market cap for XRP would need banks and institutions actually settling in XRP at scale for years, and that hasn’t started yet. The Tokyo conference demos and the early ETF inflows show that adoption is heading in the right direction, but neither is anywhere close to what a $17 price would need.

If you are holding XRP, the more useful thing to watch right now is whether the price can get back above $2 and then challenge $3.65 before worrying about double digits. The $17 prediction is for a full cycle, and moves like this take time to play out.

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About the Author Sam Daodu →

Sam Daodu is a crypto analyst who's spent nearly a decade making blockchain understandable—no easy task when most whitepapers read like fever dreams. He writes for 24/7 Wall St., covering Bitcoin, altcoins, and crypto market analysis for investors. Before crypto, he was a tech writer (back when explaining "the cloud" was peak innovation). Since 2018, he's written for CoinTelegraph, Yahoo Finance, The Block, Cryptonews, Zypto, Rain, and more—basically anywhere people want crypto news without the headache. Sam runs MacLabs Marketing, a content agency for crypto brands tired of sounding like AI wrote their website. He also publishes free crypto education on his site for Web3 enthusiasts who think "gas fees" is a typo. When he's not writing or staring at charts, Sam's either: - Watching anime (currently convinced One Piece has better tokenomics than most altcoins) - At the gym sculpting himself into a Greek god - Listening to the music your mum warned you only bad boys listen to Connect: LinkedIn | Email | MacLabs Marketing