EGRAG CRYPTO (@egragcrypto), one of the top analysts in the crypto space, has highlighted what he calls a “mega W pattern” developing on XRP’s long-term chart. He stated, “The MEGA ‘W’ Pattern is here to play out,” pointing to a structure that may be nearing confirmation. This double bottom pattern is commonly associated with trend reversals and bullish continuations. It consists of two declines with a recovery in the middle. This reflects the broader cycles of consolidation and breakouts that have characterized XRP’s history, suggesting that another major breakout is coming. #XRP – The MEGA 'W' Pattern ONLY FEW The MEGA 'W' Pattern is here to Play out What are you feeling bearish about? Let’s discuss! #XRPFamily , STAY STEADY and STRONG! Together We Rise , and soon we shall FLY HIGH! pic.twitter.com/pSK0mJQXZm — EGRAG CRYPTO (@egragcrypto) August 25, 2025 Chart Structure and Technical Context The chart highlights two large round bottoms of multiple years, culminating in a double-bottom style formation that has been categorized as W10 in his common “W” variations reference. Such formations often serve as bullish continuation signals when confirmed by a breakout above resistance. XRP began forming the pattern after its previous peak in 2018, but failed to close above the neckline for years. Its highest point came in April 2021 when the asset rose to $1.96 before quickly retracing due to bearish pressure from the lawsuit. The neckline of this pattern sits near $2.55, where the price has encountered significant resistance. According to the chart, XRP climbed above the neckline in January when it surged by over 500%, and its recent climb to a new all-time high has confirmed this breakout. We are on X, follow us to connect with us :- @TimesTabloid1 — TimesTabloid (@TimesTabloid1) June 15, 2025 The Target for the Current Cycle Based on the outlined structure, the present cycle highlights $3.3 as a primary upside objective. This figure corresponds with the completion of the W formation and reflects a breakout scenario. While the analyst has longer-term targets that he did not reveal in his post, the focus remains on $3.3 as a starting point for the larger price surge. For many participants in the XRP market, the recognition of a mega W pattern suggests a technical case for sustained bullish sentiment. The setup extends beyond short-term volatility and situates XRP within a multi-year technical framework. EGRAG CRYPTO reinforced this perspective with a call for patience, encouraging the community to remain steady as the structure unfolds. Now that XRP has confirmed the bullish breakout, it’s only a matter of time before it enters a price discovery phase , resuming its climb toward new heights. Disclaimer : This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are advised to conduct thorough research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses. Follow us on X , Facebook , Telegram , and Google News The post XRP Forms Mega W Pattern. Analyst Explains Its Implication On Price appeared first on Times Tabloid .
