Crypto analyst Javon Marks has provided a bullish outlook for the XRP price, predicting that it could rally to $14, frontrunning Bitcoin in the process. He alluded to a historical trend in which XRP outperformed BTC, which is why the analyst is confident that such price action can play out again.
Analyst Predicts XRP Price To Rise To $14, Frontrunning Bitcoin
In an X post, Javon Marks stated that the XRP price is set to outpace Bitcoin by over 600% this time around, which could spark a rally to over $14 for the altcoin. He noted that when XRP previously outran Bitcoin by over 240%, its price rose by over 570%. As such, he is confident that this can play out again.
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The analyst’s accompanying chart shows that this XRP price rally could happen between now and mid-2027, with the altcoin outperforming Bitcoin during this period. Marks, however, failed to mention what could trigger such a price rally for the altcoin, considering that it has mirrored the flagship crypto so far in this market cycle.
The XRP price notably has a year-to-date (YTD) loss of just over 7% while Bitcoin has a YTD loss of just under 2%. However, XRP is seeing renewed bullish momentum thanks to the spot ETFs, which launched between last month and this month. The XRP ETFs recently hit $1 billion in assets under management (AuM), becoming the fastest crypto asset to hit this milestone since Ethereum.
As Ripple CEO Brad Garlinghouse noted, this highlights the demand for these crypto products, which could serve as a catalyst for a higher XRP price. Meanwhile, the XRP Ledger could soon see increased adoption following the release of the v3.0.0 upgrade, which could, in turn, boost XRP’s utility.
XRP Still At “Decision Point”
Crypto analyst CasiTrades noted that the XRP price is still at a decision point. She explained that until XRP breaks above the $2.41 resistance and pushes toward $2.65, the bullish scenario isn’t confirmed. On the other hand, the analyst stated that if the price drops back below $2.04 support, the more bearish path opens toward $1.73 and potentially $1.64, which is the .618 macro support.
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CasiTrades reiterated that nothing has been confirmed for the XRP price as both scenarios are still fully in play. She indicated that this $2.04 is the best price level for traders to enter a position, as it positions them for either scenario. The analyst explained that if the price holds and runs upward, then these market participants are in before the confirmation. Meanwhile, if the price breaks down, they can place a stop just below support or at break-even.
At the time of writing, the XRP price is trading at around $2.01, down over 3% in the last 24 hours, according to data from CoinMarketCap.
Featured image from Adobe Stock, chart from Tradingview.com