- Analyst Javon Marks projects a possible 200%+ surge for XRP, with Fibonacci targets up to $9.63 if it sustains momentum above $3.
- CME XRP futures hit record open interest and $9B+ quarterly volume, highlighting strong institutional demand.
- A breakout depends on holding above $3; failure could trigger consolidation or retracement instead of immediate gains.
Prominent analyst Javon Marks recently posted an analysis that suggests XRP could be on its way to a 200% surge, citing historical patterns. At the time of writing, XRP trades at approximately $2.94, representing a 2.9% dip over the past 24 hours and about a 0.55% decline since last week.
Despite the pullback, trading remains vibrant with a daily turnover of $7.4 billion, a sign that institutional investors are still actively engaged. A sharp move above the $3 threshold could be pivotal, potentially reshaping market sentiment.
The recent attempt to reclaim the $3 mark coincided with dovish remarks from Federal Reserve Chair Jerome Powell at the Jackson Hole symposium. His tone heightened expectations of a September interest rate cut, prompting a wave of capital into risk assets, including cryptocurrencies.
Also Read: Huge Day For XRP Holders – Here’s What’s Coming Today
Technical Patterns Hint at Possible Surge
Crypto technical analyst Javon Marks highlighted XRP’s recurring breakout behavior from long-term symmetrical triangles. This pattern previously set the stage for major rallies, most notably in the 2017 cycle. With XRP now trading above its breakout point near $2, analysts say the token could quadruple, with the 1.618 Fibonacci extension targeting $9.63, while stretching projections extend to $123 using the 2.618 extension.
According to past breakout and cycle performance and the extremely high similarities of this cycle, next up for $XRP is another >200% increase to $9.63+ and then… pic.twitter.com/FQ0Davg2R5
— JAVON⚡️MARKS (@JavonTM1) August 24, 2025
Institutional Demand Surges in Derivatives Markets
Interest among institutional players has never been stronger. On the Chicago Mercantile Exchange (CME), XRP futures hit an all-time high in open interest, exceeding 6,000 active contracts around the product’s anniversary.
In the past quarter, total futures volume surpassed $9 billion, with an average daily notional value of $143 million. Both figures point to expanding institutional conviction in regulated XRP products.
Balancing Optimism with Risks
Analysts caution that while technical setups suggest potential for sizable gains, the path is not without risks. Achieving and sustaining momentum above $3 is critical before larger gains can materialize. As with previous cycles, bullish patterns have often been followed by extended consolidation phases rather than straight runs to the next peak.
Ultimately, XRP stands at a crucial juncture. If it manages to break through the $3 resistance with the backing of strong institutional flow and favorable macroeconomic signals, a powerful breakout toward long-term targets like $9.63 could be triggered.
Conversely, failure to hold key support could lead to a pause or retracement, underscoring the importance of watching momentum and volume closely.
Also Read: The $50 XRP Trigger – Here’s What Analysts Are Saying
