Renowned crypto analyst Javon Marks has captured attention with his forecasts of several altcoins that could potentially rise over 200% this year. Aligning with bullish sentiments echoed by platforms like CryptooELITES, Marks has highlighted altcoins that investors should consider for their portfolios.
Targeting Over 200% Surge for XRP
Marks draws attention to XRP’s recent upward efforts. He noted that since July 2024, XRP has been vigorously trying to exceed the $2-$3 range.
XRP reached $3 on January 15, 2025, marking its highest level since 2018. Marks predicts that if this level is consistently surpassed, the price could quickly rise to $6. This expectation is bolstered by positive regulatory developments and increasing demand, with Ripple’s historical performance indicating the potential for significant gains following such surges.
Expectations for Immutable (IMX) and Litecoin (LTC)
Immutable (IMX) is gaining attention for its scaling solutions for NFTs on Ethereum $3,338. Marks emphasized that if IMX surpasses its resistance at $4.91, it could witness a 255% increase. In 2024, IMX has already attracted attention with a 378% rise, marking it as a strong investment option in the current market dynamics.
For Litecoin (LTC), Marks noted a strong investor interest and the potential approval of an ETF. He predicts that LTC’s price could reach $354, representing a 207% increase. The 301% rise in Litecoin’s trading volume and an 18% price increase in the last 24 hours support this prediction, positioning Litecoin as one of the major winners in the overall market recovery.
While the rising trend in the crypto market offers hope to investors, risks remain a significant factor. Although Marks’ positive forecasts for XRP, IMX, and LTC are intriguing, investors should conduct their own research before taking action. Experts warn that market volatility carries both opportunities and risks.