Crypto analyst Javon Marks has compared XRP's current trajectory to its historic rally in 2017. XRP is currently positioned similarly to back then, with the 1.618 Fibonacci extension indicating a target of $16.57. The price of XRP has shown cyclical trends in the past, influenced by Fibonacci levels. In 2017, XRP experienced a parabolic rally after breaking out of a symmetrical triangle, reaching highs of $3.50. After a correction, XRP has gained bullish momentum and is currently trading above $2.00, with the potential to reach $5.00 and $16.57. Traders should monitor resistance levels and broader market trends.



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