Outstanding market analyst and XRP fanatic Egrag Crypto has shared one other bullish prediction on the fourth-largest cryptocurrency, tipping a possible value surge to $22. This prediction comes amid a relaxed motion within the XRP market after costs suffered a rejection on the $1.60 value stage earlier within the week.
XRP Set For Worth Enlargement Regardless of Pullback – Right here’s Why
In an X publish on March 31, Egrag Crypto outlines a budding bullish sample within the XRP market, highlighting key components corresponding to triggers, rationale, likelihood strikes, and invalidation zones. The seasoned market professional shares an evaluation of the XRPUSDT month-to-month chart, indicating that motion during the last six years has now accomplished the formation of a bullish W sample.
#XRP – Macro W Sample Concentrating on $22?
That is the place construction will get fascinating.
A Macro W Formation (Inexperienced Construction) is growing:
First leg → Accomplished
— EGRAG CRYPTO (@egragcrypto) March 21, 2026
XRP is presently within the second part of this inexperienced construction, marked by a breakout that occurred in 2025, adopted by the continuing pullback that has occupied the market since October. Throughout this time, XRP has declined by over 56%. Nonetheless, Egrag has acknowledged this represents a traditional W sample marked by breakout, pullback, and an eventual enlargement.
The first set off for this enlargement is that XRP should reclaim and maintain above the $1.60-$1.80 area, which ensures the bullish construction stays intact. Nonetheless, a decisive reclaim of $2.00 would symbolize affirmation of the anticipated bullish surge, with an preliminary goal of $3.30, which opens the trail to increased value ranges upon a profitable seize.
When it comes to ultimate value targets, Egrag states a 25%-35% probability the bullish sample performs out absolutely, driving XRP’s value to $22. On the conservative facet, there may be 50%-60% probability XRP peaks throughout the $3-$8 vary, whereas probabilities for a failure or deeper reset stand round 10%-15%. Notably, this constructive evaluation is predicated on a number of components, together with the historic projection from typical W patterns following breakout from a acknowledged neckline, mixed with macro cycle habits.
XRP Bullish Construction Hinges On Key $1.40 Help
In accordance with Egrag, the introduced bullish pathway might be invalidated by a number of developments. One in every of which is the lack of the important thing help area between $1.40 -$1.20, inflicting the pullback to translate right into a long-term downtrend. Different nullifying components embody a transparent failure to reclaim the $2.00 area or a decline in market bullish momentum, making a pretend breakout.
On the time of writing, XRP trades at $1.41, reflecting a 2.33% decline within the final 24 hours. Notably, the altcoin has recorded negligible modifications on increased time frames, reporting a 0.61% acquire and 0.35% loss on the weekly chart and month-to-month chart.
