The analysis on XRP’s “W‑formation” and its implications if XRP’s market cap were to hit $1.5 trillion:
🔍 Technical Breakout: “W” (Double-Bottom) Formation
A two-month chart shows XRP’s market cap forming a bullish “W” pattern, signaling a potential momentum shift toward the upside.
A breakout above the pattern's neckline would confirm this bullish case.
📈 Market Cap Projections from Analyst EGRAG
EGRAG outlines an escalating sequence of targets using Fibonacci-based growth estimates:
⚖️ Analyst’s Caveats & Considerations
EGRAG acknowledges market cap is an imperfect proxy—it doesn't guarantee liquidity or fair valuation
He cautions that while the W-pattern suggests upside, confirmation could require more technical validation, such as a volume-backed breakout
🧩 Bottom Line
XRP is showing a classic double-bottom W pattern—a potential bullish signal.
If the market cap driven breakout holds, modest growth to $270 b or even much higher (up to $1.5 T) could propel XRP prices from $4.60 up to ~$25.56.
These are highly speculative targets, relying on perfect execution of long-term technical pattern plays.
🧠 Cryptocurrency investments carry risks. Therefore, this is not financial advice (No BSH recommendation). Hence please do your own research (DYOR) before making investment decisions.