XRP Breaks Out with Mega ‘W’ Pattern: Analyst Sees Bullish Continuation

Analyst EGRAG CRYPTO (@egragcrypto) has identified a potentially bullish pattern on XRP’s long-term chart, dubbed the “MEGA ‘W’ Pattern.” This pattern suggests a shift from bearishness to potential breakout as it indicates two significant declines before a rebound. The analyst emphasizes that this pattern may indicate a trend reversal and future price surges. 2018 marked XRP’s high point, but since then, it has remained under pressure until January of this year when it surged after exceeding resistance at the neckline around $2.55. Now, XRP stands poised for further growth as the pattern confirms a breakout above that key level.