I’m following a very interesting analysis about the XRP coin circulating out there. An analyst named Javon Marks presented a thesis based on a long-term technical pattern—a pennant that started back in 2017 and only broke out at the end of 2024. According to him, if this pattern completes as expected, the XRP coin could reach close to $16.39, which would represent a rise of about 1,100% from the current levels ( around $1.44). The logic is that XRP has already risen quite a bit since the breakout—about 647%—but it has pulled back again, and Marks sees this as normal pattern behavior, not as a failure. He compares it to 2017, when there was also a strong pullback but the move was completed. Now, the report makes it clear that reaching $16 would require more than just charts: banks would need to use XRP in settlements, the Lei CLARITY would have to be approved, and ETF flows would need to grow significantly. It’s speculative, but the technical pattern is intriguing if you follow XRP coin analysis.