XRP Macro Pattern Indicates Potential Surge to $22

The prominent market analyst and XRP supporter, Egrag Crypto, has made an optimistic prediction for XRP, forecasting a price increase that could reach $22. This insight follows a period of calm in the XRP market, after prices faced resistance at the $1.60 level earlier in the week.

Key Takeaways

Expert analysis suggests XRP could hit a price target of $22 based on a bullish macro pattern.
The current market phase involves a pullback after a breakout in 2025, with a significant price decline of over 56%.
Key thresholds include reclaiming and holding above the $1.60-$1.80 range to maintain a bullish structure.
Current trading stats show XRP at $1.41, reflecting a 2.33% decrease in the last 24 hours.

XRP

Understanding XRP’s Price Expansion Potential

Egrag Crypto shared his insights in a post on March 31, indicating a developing bullish trend in the XRP market, while explaining several contributing factors such as triggers for movement, logical reasoning, probability of price actions, and areas where the predictions could be invalidated. His analysis of the XRPUSDT monthly chart reveals that the last six years of market activity have culminated in the formation of a bullish “W” pattern.

XRP – Macro W Pattern Targeting $22? 📐 📢The structure is becoming quite interesting. 🟣A Macro W Formation (Green Structure) is taking shape: ▫️ First leg → Completed
▫️ Second leg → Breakout + Pullback in progress
▫️ Current zone = retest of breakout (~$1.60 area)
▫️ Classic pattern…

XRP is currently navigating through the second phase of this bullish structure, following the breakout that occurred in 2025 and the ongoing market pullback that has been evident since October, resulting in a drop of more than 56%. Despite this decline, Egrag believes this scenario aligns with a classic W pattern, characterized by breakout, pullback, and anticipated expansion.

The first trigger for this upward movement requires XRP to reclaim and hold above the $1.60-$1.80 range to sustain the bullish outlook. A successful reclaim of the $2.00 mark would further validate the expected bullish momentum, setting an initial price target at $3.30 and paving the way for higher levels thereafter.

In terms of ultimate price expectations, Egrag assigns a 25%-35% likelihood for the bullish pattern to manifest fully, nudging XRP’s price up to $22. On a more cautious note, he sees a 50%-60% probability for XRP to peak within the $3-$8 range, while the chances of a downturn or deeper reset linger around 10%-15%. This promising outlook is supported by various factors, including typical patterns seen in historical price actions following a breakout from established levels, coupled with macro cycle trends.

XRP Source: @egragcrypto on X

Key Support Levels for XRP’s Bullish Structure

Egrag emphasizes that the proposed bullish trajectory can be undermined by several developments. A critical concern is losing the key support level of $1.40-$1.20, which could shift the pullback into a long-term downtrend. Additionally, failing to reclaim the $2.00 mark or experiencing a decline in bullish momentum may result in a false breakout scenario.

Currently, XRP is trading at $1.41, registering a decline of 2.33% over the past 24 hours. Notably, the altcoin has shown little fluctuation on longer time frames, with a slight gain of 0.61% over the week and a marginal loss of 0.35% for the month.

XRP XRP trading at $1.4109 on the daily chart | Source: XRPUSDT chart on Tradingview.com