Market technician Javon Marks has identified a repeating structure on the XRP chart that could push prices to a new all-time high. Marks’ commentary came amid XRP’s price struggles, which appear to be nearing an end. Specifically, at the time of his analysis, the altcoin traded for $2.39 with bearish pressure impeding any meaningful uptick. Nonetheless, his confidence in a breakout endured. XRP’s Run from 2014 to 2018 The market analyst noted that despite the bearish price action, XRP was still in a favorable position, as its movements appear similar to historical trends from a past bull run. Notably, data from his 3-day chart shows that XRP has been following a similar structure from the 2014 to 2018 cycle that led to an explosive run. Ongoing Repetition Could Lead to $9.9 Following the top, the pattern started repeating. First, XRP collapsed to a bottom price of $0.1103 by March 2020 and then recovered to a peak of $1.96 in April 2021. After this peak, it witnessed another pullback to $0.2910 by June 2022, similar to what happened in November 2015. From here, XRP again consolidated, but saw higher lows until it broke out of the consolidation phase in November 2024 to reach a peak of $3.4 by January 2025. Now, Marks’ chart indicates that the current price struggles represent another cooling-off period, hinting that XRP could again rally to a new peak. Marks predict that when this breakout occurs, the immediate target for XRP is the $9.9 price level, which aligns with the 1.618 Fibonacci extension. This represents a 291% increase from XRP’s current price of $2.53. Still, the analyst insists that XRP may not stop there. His chart shows higher targets at $26.24 (Fib. 2) and $127 (Fib. 2.618). In addition to Marks, other analysts have maintained that XRP remains bullish at current levels. For instance, market watcher DustyBC recently confirmed that XRP is still making bullish moves within a descending wedge. According to him, the market has completed the bear phase, and the bullish moves could continue. A breakout from this wedge would lead to $3.6. XRP 8h Chart | DustyBC