Crypto Analyst Identifies Multi-Year XRP Pattern with $40 Ultimate Target
The post Crypto Analyst Identifies Multi-Year XRP Pattern with $40 Ultimate Target appeared on BitcoinEthereumNews.com. XRP completes W formation after seven-year consolidation and correction cycle. Analyst sets progressive targets at $15, $22, and $40 from current $2.21 price. Profit-taking strategy recommended starting at $6-7 range to avoid timing risks. Market analyst EGRAG Crypto has identified a completed W pattern formation in XRP’s price chart spanning multiple years of market cycles. The technical structure suggests potential for major upward movement from current trading levels around $2.21. The W pattern began forming after XRP reached its January 2018 peak of $3.8, followed by a steep correction to $0.1050 in March 2020. This decline created the first bottom of the double-bottom structure that characterizes W formations in technical analysis. #XRP – W Pattern Number 10 & Targets!
The post Crypto Analyst Identifies Multi-Year XRP Pattern with $40 Ultimate Target appeared on BitcoinEthereumNews.com.
XRP completes W formation after seven-year consolidation and correction cycle. Analyst sets progressive targets at $15, $22, and $40 from current $2.21 price. Profit-taking strategy recommended starting at $6-7 range to avoid timing risks. Market analyst EGRAG Crypto has identified a completed W pattern formation in XRP’s price chart spanning multiple years of market cycles. The technical structure suggests potential for major upward movement from current trading levels around $2.21. The W pattern began forming after XRP reached its January 2018 peak of $3.8, followed by a steep correction to $0.1050 in March 2020. This decline created the first bottom of the double-bottom structure that characterizes W formations in technical analysis. #XRP – W Pattern Number 10 & Targets!
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