<ul data-eligibleForWebStory="false"><li>XRP has formed a W pattern after a seven-year consolidation and correction cycle, with potential for major upward movement.</li><li>Analyst EGRAG Crypto sets price targets for XRP at $15, $22, and $40, recommending a profit-taking strategy starting at $6-7 to mitigate timing risks.</li><li>XRP encountered a decline from $3.8 peak in January 2018 to $0.1050 in March 2020, forming the first bottom of the W pattern.</li><li>Current price action shows XRP trading in a $2.0 to $2.3 range following a breakout retest of the W pattern, with $2.0 acting as support.</li></ul>

Crypto Analyst Identifies Multi-Year XRP Pattern with $40 Ultimate Target

Discover more