XRP may be preparing for a significant move, according to analyst EGRAG Crypto.
He highlights a long-term price pattern he calls the 'Just Do It' formation, a swoosh-shaped recovery visible on the two-week chart. This pattern began after XRP's sharp drop from $3.80 in January 2018.
XRP Structure 'Just Do It'
Following its decline, XRP touched bottom at $0.10 in 2020 before beginning a slow recovery that now hovers near $3. EGRAG believes this rounded and ascending curve signals long-term strength.💥💥
XRP spent years trapped below a descending trendline from 2018, finally breaking out during the Trump-led rally in November 2024. This breakout, he says, marks the beginning of a sustained upward trend.
Despite reaching resistance at $3.40 in January 2025, XRP has rebounded. While EGRAG maintains a long-term target of $30, he warns investors not to wait for that exact figure before taking profits.
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EGRAG Advises XRP Investors Against Timing the Top
Instead of waiting for specific targets like $17, $27, or $50, EGRAG suggests a Dollar-Cost Averaging Selling strategy. Predicting exact tops is unrealistic, and the key to success lies in responding to market behavior in real-time—not chasing perfect outcomes.
Reflecting on his own experience, EGRAG noted that many traders lose by ignoring history or getting caught up in the hype. He emphasized that profits come from understanding patterns and acting decisively, not from guessing the next headline price. The market moves on its own terms, and those who adapt outperform those who hesitate.
