Prominent market analyst and XRP enthusiast Egrag Crypto has shared another bullish prediction on the fourth-largest cryptocurrency, tipping a potential price surge to $22. This prediction comes amid a calm movement in the XRP market after prices suffered a rejection at the $1.60 price level earlier in the week.
XRP Set For Price Expansion Despite Pullback – Here’s Why
In an X post on March 31, Egrag Crypto outlines a budding bullish pattern in the XRP market, highlighting key factors such as triggers, rationale, probability moves, and invalidation zones. The seasoned market expert shares an analysis of the XRPUSDT monthly chart, indicating that action over the last six years has now completed the formation of a bullish W pattern.
#XRP – Macro W Pattern Targeting $22?
This is where structure gets interesting.
A Macro W Formation (Green Structure) is developing: First leg → Completed Second leg → Breakout + Pullback in progress Current zone = retest of breakout
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